iShares DEX Real Return Bond Index Fund Has Another Very Positive Trading Session Recording a Gap Up

 iShares DEX Real Return Bond Index Fund Has Another Very Positive Trading Session Recording a Gap Up

The stock of iShares DEX Real Return Bond Index Fund (TSE:XRB) gapped up by $0.02 today and has $42.98 target or 66.00% above today’s $25.89 share price. The 8 months technical chart setup indicates low risk for the $463.18 million company. The gap was reported on Nov, 4 by Barchart.com. If the $42.98 price target is reached, the company will be worth $305.70 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. About 201,985 shares traded hands or 1441.28% up from the average. iShares DEX Real Return Bond Index Fund (TSE:XRB) has risen 3.86% since March 31, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

More notable recent iShares DEX Real Return Bond Index Fund (TSE:XRB) news were published by: Theglobeandmail.com which released: “Real-return bond fund offers a way to bet on rising inflation” on April 19, 2011, also Theglobeandmail.com with their article: “Beware the risk in bond funds” published on July 10, 2013, Theglobeandmail.com published: “Four tips for nervous bond investors” on June 14, 2013. More interesting news about iShares DEX Real Return Bond Index Fund (TSE:XRB) were released by: Theglobeandmail.com and their article: “Bond returns: How to avoid the interest-rate steamroller” published on August 23, 2013 as well as Etfdailynews.com‘s news article titled: “The True Cost of Foreign Withholding Taxes [VANGUARD US TOTAL MARKET IDX ETF …” with publication date: February 20, 2014.

iShares CDN DEX Real Return Bond Index Fund, formerly iShares CDN DEX Real Return Bond Index Fund, seeks to provide income by replicating, to the extent possible, the performance of the DEX Real Return Bond Index . The company has a market cap of $463.18 million. The Index is a market capitalization index consisting primarily of Canadian federal and provincial real return bonds. It currently has negative earnings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment