IGOV iShares International Treasury Bond ETF Forecast, Technical & Fundamental Analysis
IGOV in -1.03% downward trend, falling for three consecutive days on December 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IGOV declined for three days, in of 338 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IGOV as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IGOV turned negative on December 16, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
IGOV broke above its upper Bollinger Band on November 29, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IGOV's RSI Oscillator exited the oversold zone, of 44 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IGOV advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 214 cases where IGOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category WorldBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ARMIX | 10.66 | -0.05 | -0.47% |
| ARGA Emerging Markets Value Instl | |||
| TLVIX | 29.92 | -0.20 | -0.66% |
| Thrivent Large Cap Value S | |||
| MCDVX | 17.82 | -0.13 | -0.72% |
| BlackRock Equity Dividend Inv C | |||
| HSXFX | 8.68 | -0.07 | -0.80% |
| Hartford Schroders Diversified Em Mkts F | |||
| TCGRX | 32.60 | -0.47 | -1.42% |
| Thornburg Small/Mid Cap Growth R4 | |||
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% | -0.28% | ||
| BWX - IGOV | 94% Closely correlated | -0.18% | ||
| PICB - IGOV | 88% Closely correlated | -0.32% | ||
| ISHG - IGOV | 84% Closely correlated | -0.17% | ||
| BWZ - IGOV | 84% Closely correlated | -0.31% | ||
| UDN - IGOV | 83% Closely correlated | +0.06% | ||
More | ||||