April 22, 2024
Investment

(IGEB) Investment Analysis


Longer Term Trading Plans for IGEB

  • Buy IGEB slightly over 44.01 target n/a stop loss @ 43.88. Details
  • The technical summary data tells us to buy IGEB near 44.01, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 43.88 to protect against excessive loss in case the stock begins to move against the trade. 44.01 is the first level of support below 45.245, and by rule, any test of support is a buy signal. In this case, if support 44.01 is being tested, a buy signal would exist.

  • NONE . Details
  • NONE .
    There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for IGEB

  • Buy IGEB slightly over 45.62, target n/a, Stop Loss @ 45.49 Details
  • If 45.62 begins to break higher, the technical summary data tells us to buy IGEB just slightly over 45.62, with an upside target of n/a. The data also tells us to set a stop loss @ 45.49 in case the stock turns against the trade. 45.62 is the first level of resistance above 45.245, and by rule, any break above resistance is a buy signal. In this case, 45.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short IGEB slightly near 45.62, target 45.21, Stop Loss @ 45.75. Details
  • The technical summary data is suggesting a short of IGEB if it tests 45.62 with a downside target of 45.21. We should have a stop loss in place at 45.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 45.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for IGEB

  • Buy IGEB slightly over 45.62, target n/a, Stop Loss @ 45.51 Details
  • If 45.62 begins to break higher, the technical summary data tells us to buy IGEB just slightly over 45.62, with an upside target of n/a. The data also tells us to set a stop loss @ 45.51 in case the stock turns against the trade. 45.62 is the first level of resistance above 45.245, and by rule, any break above resistance is a buy signal. In this case, 45.62, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short IGEB slightly near 45.62, target 45.21, Stop Loss @ 45.73. Details
  • The technical summary data is suggesting a short of IGEB if it tests 45.62 with a downside target of 45.21. We should have a stop loss in place at 45.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 45.62, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our Ishares Investment Grade Bond Factor Etf (IGEB) Page here: IGEB.

IGEB Ratings for December 31:







Term → Near Mid
Long
Rating Neutral Neutral Neutral
P1 0 0 41.84
P2 45.47 45.21 42.93
P3 0 45.62 44.01
Support and Resistance Plot Chart for IGEB

IGEB Long Term Analysis for December 31 2023

Blue = Current Price
Red= Resistance
Green = Support

Real Time Updates for Repeat Institutional Readers:
Instructions:

  • Click the Get Real Time Updates button below.

  • In the login prompt, select forgot username

  • Type the email you use for Factset

  • Use the user/pass you receive to login

  • You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Our Market Crash Leading Indicator isEvitar Corte.
  • Evitar Corte warned of market crash risk four times since 2000.

  • It identified the Internet Debacle before it happened.

  • It identified the Credit Crisis before it happened.

  • It identified the Corona Crash too.

  • See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

With an objective approach to Ishares Investment Grade Bond Factor Etf (NASDAQ: IGEB), Stock Traders Daily attempts to go with the flow of the market by utilizing a combination of market analysis and stock analysis.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for IGEB change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if IGEB is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for IGEB too.  All of these are offered below the Summary Table.

Fundamental Charts for IGEB:



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *