Investors of record on Wednesday, December 20th were given a dividend of $0.7068 per share. Taking a step further, the MACD-Histogram, which was developed by Thomas Aspray in 1986, measures the distance between MACD and its signal line (the 9-day EMA of MACD). The interesting fact is that like MACD, MACD-Histogram also fluctuates above and below the zero line. Because MACD uses moving averages and moving averages lag price, signal line crossovers can come late and affect the reward-to-risk ratio of a trade. Chartists should keep this in mind when analyzing the MACD-Histogram. They may also be used to help the trader figure out reliable support and resistance levels for the stock. Global High Yield Corporate Bond Fund Ishares (GHYG) now has a 14-day Commodity Channel Index (CCI) of 117.26. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold). The CCI was created to typically stay within the reading of -100 to +100.
Traders may be relying in part on technical stock analysis. The 14-day ADX presently sits at 23.12. DL 250 (UNP.DE) is 43.25. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). The ADX is used to measure trend strength.
Interested investors may be watching the Williams Percent Range or Williams %R. Alternately, if the indicator goes under -80, this may show the stock as being oversold. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points.
Aggregate Bond Ishares (AGG)'s Williams Percent Range or 14 day Williams %R now sits at -67.71. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. On the other hand, a reading of -100 would indicate that the stock is oversold. The 14-day RSI is presently standing at 74.81, the 7-day is 81.25, and the 3-day is resting at 91.37. The Relative Strength Index (RSI) is a highly popular technical indicator. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. The RSI operates in a range-bound area with values between 0 and 100. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. On the flip side, an RSI near 0 may signal weaker momentum. First developed by J. Welles Wilder, the ATR may assist traders in determining if there is heightened interest in a trend, or if extreme levels may be signaling a reversal.
Another technical indicator that may be a powerful resource for determining trend strength is the Average Directional Index or ADX. Shares of Ishares Core Total International Stock ETF (IXUS) have a 7-day moving average of 65.40. Moving averages can be very helpful for spotting peaks and troughs.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. In terms of the stock price in relation to its moving averages, company shares are 2.35% away from the 20-day moving average and 4.63% off of the 50-day average.