- IShares Core S&P Mid-Cap ETF currently trading at $250.05
- IShares J.P. Morgan USD Emerging Markets Bond ETF's upper Bollinger Band® is at $86.64 which indicates a further downward move may follow.
Trend-following investors would be interested to note that around $248.89, iShares Core S&P Mid-Cap ETF can look to establish a new bullish phase beyond its 5 day Simple Moving Average. Asset volatility analysis shows that iShares Core S&P Mid-Cap ETF's upper Bollinger Band® is at $253.81, suggesting that a downward move may follow. IShares Core S&P Mid-Cap ETF chart analysis: iShares Core S&P Mid-Cap ETF's run now faces a challenge at $247.16, which is only $2.89 away and will be interesting to follow.
Overall, while iShares Core S&P Mid-Cap ETF has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
Technical analysis shows that a persuasive break of this target could lead to higher losses. Trend analysis indicates that iShares J.P. Morgan USD Emerging Markets Bond ETF's CCI indicator is below -100, meaning the market price is unusually low and below its rolling moving average. According to asset volatility analysis, iShares J.P. Morgan USD Emerging Markets Bond ETF's lower Bollinger Band® is at $84.64, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.
For the time being, iShares J.P. Morgan USD Emerging Markets Bond ETF remains flat without a clear direction.
Around $84.35, iShares U.S. Real Estate ETF can look to establish a new bullish phase beyond its 10 day Simple Moving Average. In contrast, iShares U.S. Real Estate ETF's run now faces a challenge at $85.67, which is only 55 cents away from the line. Overcoming it might send the company towards their next major resistance line— this will surely be interesting to follow.
Overall, looking at the technical analysis landscape, it seems iShares U.S. Real Estate ETF might continue pointing upwards in the short term.
Fundamental indicators – United States Crude Oil Inventories fell short of the -1 million projections, with new data of -4.58 million.
Upcoming fundamentals: United States Philadelphia Fed Manufacturing Index (Apr) scheduled to come out today at 12:30 UTC.