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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
iShares iBoxx $ Investment Grade Corporate Bond ETF (PACF:LQD)
Bear Market Rally (-75) - LQD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LQD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid LQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for LQD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LQD
The long-term trend has been DOWN since Apr 2nd, 2024 at 106.75
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 107.53
The short-term trend has been UP since May 2nd, 2024 at 105.67
Smart Scan Analysis for LQD
Based on our trend formula, LQD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.09 | 105.68 | 104.93 | 105.59 | +0.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.01 | 19669729 | 2024-05-02 14:03:35 |
| Year High | 121.46 | Year High Date | 2018-01-02 |
| Year Low | 111.29 | Year Low Date | 2018-11-28 |
| 52wk High | 111.4 | 52wk High Date | 2023-12-27 |
| 52wk Low | 98.24 | 52wk Low Date | 2023-10-23 |
| Year End Close | 120.99 | Average Volume | 28,091,644 |
| Shares Outstanding | 290,300 | Assets | 243,548M |
| Beta | 1.42 | Volatility | 3.02 |