IGOV iShares International Treasury Bond ETF Forecast, Technical & Fundamental Analysis
IGOV's RSI Oscillator dives into oversold zone
The RSI Indicator for IGOV moved into overbought territory on January 08, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The 50-day moving average for IGOV moved below the 200-day moving average on December 20, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IGOV 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 IGOV 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 WorldBond
IGOV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGOV has been closely correlated with BWX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if IGOV jumps, then BWX could also see price increases.
| Ticker / NAME | Correlation To IGOV | 1D Price Change % | ||
|---|---|---|---|---|
| IGOV | 100% | -0.29% | ||
| BWX - IGOV | 94% Closely correlated | -0.24% | ||
| PICB - IGOV | 88% Closely correlated | -0.12% | ||
| ISHG - IGOV | 85% Closely correlated | -0.16% | ||
| BWZ - IGOV | 84% Closely correlated | -0.74% | ||
| UDN - IGOV | 83% Closely correlated | -0.48% | ||
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