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SPDR Barclays Mortgage Backed Bond ETF (MBG) Stock Technical Analysis

NYSEARCA:MBG - NYSE Arca -

26.23  +0.03 (+0.11%)

Technical Rating and Analysis

5

Overall MBG gets a technical rating of 5 out of 10. MBG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MBG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, MBG outperforms 69% of them, which is more or less in line with the market.
In the last month MBG has a been trading in a tight range between 26.10 and 26.35.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SPDR Barclays Mortgage Backed Bond ETF / MBG Weekly stock chart
SPDR Barclays Mortgage Backed Bond ETF / MBG Daily stock chart
Setup Rating and Analysis

9

MBG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MBG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

24.53

26.60

We found 3 important support areas.

  • A support zone ranging from 26.16 to 26.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @25.41 from a horizontal line in the weekly time frame.
  • A support zone ranging from 24.78 to 24.83. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 26.24 to 26.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.3
Mansfield-0.39
10 Day High26.3
10 Day Low26.1
20 Day High26.35
20 Day Low26.1
52 Week High26.35
52 Week Low24.76
Performance
1 Week0.42%
2 Weeks-0.19%
1 Month0%
3 Month0.61%
6 Month1.59%
12 Month4.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.97
LBB26.11
UBB26.33
SPDR Barclays Mortgage Backed Bond ETF / MBG Daily stock chart

SPDR Barclays Mortgage Backed Bond ETF

NYSEARCA:MBG (9/20/2019, 8:04:06 PM)

26.23

+0.03 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.11%
1 Week0.42%
2 Weeks-0.19%
1 Month0%
3 Month0.61%
6 Month1.59%
12 Month4.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.29%
ATR Inc-35.73%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.3
Mansfield-0.39
10 Day High26.3
10 Day Low26.1
20 Day High26.35
20 Day Low26.1
52 Week High26.35
52 Week Low24.76
CS1 End26.2
CR1 Start26.24
Volume & EV
DER(3)3.22%
DER(5)3.5%
Volume41.40K
Volume Incr-41.74%
Vol(5)65.78K
Vol(50)103.58K