Stock Check For Short-Term Muni Bond ETF SPDR (SHM)

Lloyd Doyle
January 12, 2018

Focusing in on the proper economic data can help detect overall trends in the economy. Successful investors are often highly knowledgeable and have put in the appropriate amount of time to become this way.

Individual investors are constantly hearing about the next hot stock to buy. Zooming in on the most pertinent information can help keep things manageable.

Independent Film Development Corp (IFLM) now has a 14-day Commodity Channel Index (CCI) of -58.33. Moving averages are a popular trading tool among investors. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. The average true range indicator was created by J. Welles Wilder in order to measure volatility. The RSI may be useful for spotting abnormal price activity and volatility. The RSI operates in a range-bound area with values between 0 and 100.

Traders may be focusing in on the ATR or Average True Range indicator when performing stock analysis. A reading between -80 to -100 may be typically viewed as strong oversold territory.

Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Interm-Term Corp Bond ETF SPDR (ITR) is sitting at 38.52. In terms of moving averages, the 200-day is now at 0.03, the 50-day is 0.02, and the 7-day is resting at 0.03. The Williams %R oscillates in a range from 0 to -100. Levels above -20 may indicate the stock may be considered is overbought. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for Short-Term Muni Bond ETF SPDR (SHM) is sitting at 19.93. In general, and ADX value from 0-25 would represent an absent or weak trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. Some analysts believe that the ADX is one of the best trend strength indicators available. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.

Crow Point Partners LLC decreased its position in SPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETF (BMV:BIL) by 61.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The NYSE listed company saw a recent bid of $79.23 and 2510000 shares have traded hands in the session.

One way to completely avoid market mistakes is to not invest at all. With markets still riding high, the big question is whether the momentum will push stocks higher or if the bears start to take over.

Aurcrest Gold Inc (AGO.V)'s Williams Percent Range or 14 day Williams %R is now sitting at -50.00.

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