GOVZ Stock iShares 25+ Year Treasury STRIPS Bd ETF (GOVZ, $9.75) RSI Indicator left the oversold zone on January 06, 2025
at Tickeron.com
GOVZ in upward trend: price may jump up because it broke its lower Bollinger Band on December 19, 2024
GOVZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 43 cases where GOVZ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Bearish Trend Analysis
The 10-day moving average for GOVZ crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOVZ 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 GOVZ entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category LongGovernment