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Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
iShares Floating Rate Bond ETF (BATS:FLOT)
Long-Term Downtrend (-90) - FLOT is in a strong downtrend that is likely to continue. While FLOT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FLOT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FLOT.
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 FLOT
The long-term trend has been DOWN since Aug 1st, 2024 at 50.85
The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 50.92
The short-term trend has been DOWN since Dec 18th, 2024 at 50.95
Smart Scan Analysis for FLOT
Based on our trend formula, FLOT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 50.780 | 50.810 | 50.755 | 50.800 | +0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.800 | 1135680 | 2024-12-20 15:59:55 |
| Year High | 51.0967 | Year High Date | 2018-02-28 |
| Year Low | 50.75 | Year Low Date | 2018-11-29 |
| 52wk High | 51.16 | 52wk High Date | 2024-05-31 |
| 52wk Low | 50.28 | 52wk Low Date | 2024-08-05 |
| Average Volume | 1,187,302 | Shares Outstanding | 122,100 |
| Volatility | 0.93 |