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published in Blogs
Sep 13, 2022
Inflation rate slows, as energy prices cool off

Inflation rate slows, as energy prices cool off

U.S. inflation slowed again last month, even as core consumer price index accelerated.

The headline consumer price index (CPI) in August rose +8.3% year-over-year, compared to +8.5% in July. The figure, however, exceeded the Street consensus forecast of 8.1%.

While the energy price fell -5% from the year-ago period, food price inflation came in at +11.4% y/y (the fastest pace since April 1979).

The core inflation gauge, which excludes volatile components such as food and energy prices, climbed +6.3% year-over-year, beating the Street forecasts.

Related Ticker: GOVT

GOVT's RSI Indicator ascends from oversold territory

The RSI Oscillator for GOVT moved out of oversold territory on May 20, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 40 similar instances when the indicator left oversold territory. In of the 40 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 11, 2026. You may want to consider a long position or call options on GOVT as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GOVT just turned positive on May 27, 2026. Looking at past instances where GOVT's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

GOVT moved above its 50-day moving average on June 11, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOVT advanced for three days, in of 287 cases, the price rose further within the following month. The odds of a continued upward trend are .

GOVT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for GOVT entered a downward trend on May 29, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Industry description

The investment seeks to track the investment results of the ICE U.S. Treasury Core Bond Index (the "underlying index"). The fund will invest at least 80% of its assets in the component securities of the underlying index and will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index. The underlying index includes publicly-issued U.S. Treasury securities that have a remaining maturity greater than one year and less than or equal to thirty years and have $300 million or more of outstanding face value.
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Intermediate Government
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iShares Trust400 Howard StreetSan Francisco
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