Technical Analysis for PICB - PowerShares International Corporate Bond Portfolio
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 22.15 | 0.21% | 0.05 |
PICB closed up 0.21 percent on Monday, May 6, 2024, on 83 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Lizard Bearish | Bearish Day Trade Setup | 0.00% | |
| Crossed Above 50 DMA | Bullish | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Up 4 Days in a Row | Strength | 0.00% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | about 4 hours ago |
| Possible NR7 | about 5 hours ago |
| Gap Up Partially Closed | about 9 hours ago |
| Gapped Up (Partial) | about 10 hours ago |
| Rose Above 50 DMA | about 10 hours ago |
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Basic chart:
The PowerShares International Corporate Bond Portfolio (Fund) is based on the S&P International Corporate Bond Index® (Index). The Fund will normally invest at least 80% of its total assets in investment-grade corporate bonds that comprise the Index. The Index measures the performance of investment-grade corporate bonds issued in the following currencies of Group of Ten (G10) countries, excluding the US dollar (USD): Australian dollar (AUD), British pound (GBP), Canadian dollar (CAD), euro (EUR), Japanese yen (JPY), Swiss Franc (SFR), New Zealand dollar (NZD), Norwegian krone (NOK) and Swedish krona (SEK). The Fund and the Index are rebalanced monthly and reconstituted annually in March.
Keywords: Exchange Traded Fund ETF Bond Invesco Powershares Corporate Bond Foreign Exchange Market Japanese Yen Swiss Franc Swedish Krona International Finance
Classification
Keywords: Exchange Traded Fund ETF Bond Invesco Powershares Corporate Bond Foreign Exchange Market Japanese Yen Swiss Franc Swedish Krona International Finance
Top 10 Components
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 23.0026 |
| 52 Week Low | 20.1065 |
| Average Volume | 21,315 |
| 200-Day Moving Average | 21.60 |
| 50-Day Moving Average | 22.13 |
| 20-Day Moving Average | 21.90 |
| 10-Day Moving Average | 21.91 |
| Average True Range | 0.14 |
| RSI (14) | 56.71 |
| ADX | 19.53 |
| +DI | 31.04 |
| -DI | 25.42 |
| Chandelier Exit (Long, 3 ATRs) | 21.99 |
| Chandelier Exit (Short, 3 ATRs) | 22.06 |
| Upper Bollinger Bands | 22.24 |
| Lower Bollinger Band | 21.56 |
| Percent B (%b) | 0.86 |
| BandWidth | 3.10 |
| MACD Line | -0.04 |
| MACD Signal Line | -0.08 |
| MACD Histogram | 0.0453 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 22.21 | ||||
| Resistance 3 (R3) | 22.21 | 22.20 | 22.20 | ||
| Resistance 2 (R2) | 22.20 | 22.18 | 22.19 | 22.19 | |
| Resistance 1 (R1) | 22.17 | 22.17 | 22.18 | 22.17 | 22.19 |
| Pivot Point | 22.16 | 22.16 | 22.16 | 22.15 | 22.16 |
| Support 1 (S1) | 22.13 | 22.14 | 22.14 | 22.13 | 22.10 |
| Support 2 (S2) | 22.12 | 22.13 | 22.11 | 22.10 | |
| Support 3 (S3) | 22.09 | 22.12 | 22.10 | ||
| Support 4 (S4) | 22.09 |
