iShares 3-7 Year Treasury Bond (IEI)

iShares 3-7 Year Treasury Bond is trading at $116.61, up 0.03% on the session. The 50 day average sits at $116.84 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 49.3, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $116.43 with resistance near $116.68, so that band frames the current range. Average daily movement is roughly $0.30, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 32, momentum of 66 and a risk score of 92.

The underlying index consists of publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to three years and less than seven years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve System. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index.