Austria 10-Year Bond Yield

Austria 10-Year Bond Yield closed up by 50.44% to -0.17 on 23 January 2021 and +-374.19% on a weekly basis. Austria 10-Year Bond Yield momentum was last calculated at +100.0/100 indicating positive momentum. Austria 10-Year Bond Yield trend is -100.0/100 indicating a negative trend. Austria 10-Year Bond Yield momentum exhaustion is -0.0981 indicating Austria 10-Year Bond Yield is oversold.Austria 10-Year Bond Yield RSI is 41.3456 .

Austria 10-Year Bond Yield Chart

Austria 10-Year Bond Yield

Austria 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Austria 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Austria 10-Year Bond Yield trading signals presented in the Austria 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Austria 10-Year Bond Yield AT.10Y -0.17 1 -1 -0.0981 41.3456 50.44 -374.19 -1645.45 1.3641

Austria 10-Year Bond Yield closed at -0.17 on 23 January 2021. Austria 10-Year Bond Yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Austria 10-Year Bond Yield momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Austria 10-Year Bond Yield momentum exhaustion is -0.0981 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Austria 10-Year Bond Yield is oversold and a possible reversal is imminent. Austria 10-Year Bond Yield RSI was last calculated at 41.3456. Austria 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: -0.43545 in a downtrend , 1-quarter moving average: -0.41977 in a downtrend and 1-year moving average: 0.15762 in a downtrend. Austria 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at 50.44%, and weekly return was last recorded at -374.19%. Austria 10-Year Bond Yield histrorical 20-day volatility was last recorded at 80.2694%, Austria 10-Year Bond Yield alpha None, Austria 10-Year Bond Yield beta None and Austria 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Austria 10-Year Bond Yield statistics based on historical data since 1970.

Austria 10-Year Bond Yield News

Austria 10-Year Bond Yield Factors

Austria 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Austria PMI vs 10Y AT.FACT.10YPMI -0.368 101.585 3.55436
Austria ESI vs 10Y AT.FACT.10YESI -0.448 3.10658 1.52568
Austria 10Y vs FX AT.FACT.FX10Y -0.427 9.5546e15 0

Austria Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
ATX ATX 3404.28 1 0.75 0.97536 72.5094 -1.02 -0.87 4.34 -0.13901
Austria ETF EWO 23.83 1 0.75 1.71955 74.5011 -1.08 -2.38 2.58 -0.02958
Austria 10-Year Bond Yield AT.10Y -0.17 1 -1 -0.0981 41.3456 50.44 -374.19 -1645.45 1.3641
Austria 5-Year Bond Yield AT.5Y -0.57 1 -1 -1.23349 39.0978 11.33 41.44 37.35 0.36882
Austria 2-year bond yield AT.2Y -0.68 0 -0.75 -1.25674 44.0241 3.34 10.93 10.03 0.24343
Austria Yield Curve AT.YC 0.52 -1 -0.75 -0.08101 49.096 -4.59 -17.72 -21.57 -0.3775
Austria Credit Default Swaps CDS.Austria 10 0 0 -0.58009 49.2474 -2.44 0 5.26 -0.25179

Austria Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -887 -899 -0.0133482 6.5812 -1.0 -1.0 0.966667 2021-04-30
bank lending rate 1.64 1.62 0.0123457 0.00613497 1.0 1.0 0.733333 2021-05-31
banks balance sheet 824656 862612 -0.0440012 0.366492 -1.0 1.0 0 2015-01-31
building permits 19876 23919 -0.169029 -0.00644839 1.0 -1.0 0 2020-10-01
business confidence 20.3 14.3 0.41958 -2 1.0 1.0 0.15 2021-06-30
capacity utilization 87.1 82.2 0.0596107 -0.0180383 1.0 -1.0 0.25 2021-04-01
capital flows 2815 -1601 -2.75828 -0.558916 1.0 -1.0 0.516667 2021-03-31
car registrations 45311 36989 0.224986 0.160333 1.0 1.0 0.916667 2021-06-30
central bank balance sheet 257535 249434 0.0324775 0.238334 1.0 1.0 0.8 2021-06-30
consumer confidence -2 -2.3 -0.130435 -0.759036 1.0 1.0 0.45 2021-06-30
consumer price index cpi 102.6 102.1 0.00489716 -0.05 -1.0 -1.0 0.1 2021-06-30
current account -811 1603 -1.50593 -1.15672 -1.0 -1.0 0.183333 2021-01-31
current account to gdp 2.5 2.8 -0.107143 -0.444444 1.0 -1.0 0 2020-01-31
exports 13674 15220 -0.101577 0.376623 1.0 1.0 1 2021-04-30
external debt 625937 619015 0.0111823 0.0778563 1.0 1.0 0.65 2021-01-01
fiscal expenditure 8799 9473 -0.0711496 0.13433 -1.0 1.0 0.616667 2021-05-31
foreign direct investment 553 -6352 -1.08706 -0.892433 1.0 -1.0 0.483333 2021-01-31
foreign exchange reserves 23727 23800 -0.00306723 -0.0259852 -1.0 -1.0 0.25 2021-06-30
gdp 446.315 455.508 -0.0201819 0.148251 1.0 1.0 0 2019-01-31
Real GDP 80881.5 89184.1 -0.0930951 -0.0883654 -1.0 -1.0 0.0166667 2020-04-01
gdp growth annual -5.5 -5.6 -0.0178571 -3.03704 -1.0 -1.0 0.0833333 2021-01-01
gold reserves 279.99 279.99 0 0 -1.0 -1.0 0.591667 2020-08-01
government budget -8.9 0.6 -15.8333 4.93333 -1.0 -1.0 0 2020-01-31
Government budget 614 -4323 -1.14203 -1.43118 1.0 1.0 0.25 2021-05-31
government debt 280426 285267 -0.0169701 0.518484 1.0 1.0 0 2019-01-31
government debt to gdp 83.9 70.5 0.190071 0.221252 1.0 1.0 0 2020-01-31
government revenues 9413 5149 0.828122 0.486107 1.0 1.0 0.816667 2021-05-31
housing index 142.85 139.31 0.025411 0.215745 1.0 1.0 0 2021-01-01
imports 14561 16119 -0.0966561 0.448856 1.0 1.0 1 2021-04-30
industrial production 23.4 33.8 -0.307692 -2.09859 1.0 1.0 0.2 2021-05-31
industrial production mom 1.7 3.5 -0.514286 -1.22667 1.0 1.0 0.5 2021-04-30
inflation cpi 2.8 1.9 0.473684 3 1.0 1.0 0.983333 2021-05-31
interbank rate -0.33 -0.33 0 0 1.0 -1.0 0.333333 2021-01-31
interest rate 0.05 0.05 0 0 1.0 -1.0 0.791667 2016-03-09
loans to private sector 847446 714168 0.18662 0.0294208 1.0 1.0 0.65 2021-05-31
long term unemployment rate 2.3 1.5 0.533333 0.352941 1.0 1.0 0.866667 2021-01-01
manufacturing pmi 67 66.4 0.00903614 0.44086 1.0 1.0 0.966667 2021-06-30
money supply m1 312178 316419 -0.0134031 0.102756 1.0 1.0 0.316667 2021-05-31
money supply m2 403670 408663 -0.0122179 0.0571567 1.0 1.0 0.383333 2021-05-31
money supply m3 407520 411533 -0.00975134 0.0630993 1.0 1.0 0.633333 2021-05-31
Producer Price Index 106.1 105.1 0.00951475 0.0599401 1.0 1.0 1 2021-05-31
PPI Index 6 4.7 0.276596 -3.30769 1.0 1.0 0.0666667 2021-05-31
retail sales MoM 5.8 -5 -2.16 -0.774319 1.0 -1.0 0.633333 2021-05-31
retail sales 2.1 21.9 -0.90411 -0.676923 -1.0 -1.0 0.5 2021-05-31
unemployment rate 7 7.7 -0.0909091 -0.306931 -1.0 -1.0 0.05 2021-06-30
youth unemployment rate 12.6 9.5 0.326316 0.0677966 1.0 1.0 0.75 2021-05-31
Construction sector 20.8 12.8 0.625 -2.28395 1.0 1.0 0.05 2021-04-01
Consumer sector -8 -5.9 0.355932 -0.565217 1.0 1.0 0.5 2021-04-01
Manufacturing sector 12.3 1.9 5.47368 -1.40594 1.0 1.0 0.25 2021-04-01
Retail sector -8.2 -5.8 0.413793 -0.824411 1.0 1.0 0.183333 2021-04-01
Services sector 15.4 1.1 13 -1.33772 1.0 1.0 0.183333 2021-04-01
ESI - Economic Composite 113.5 105.2 0.0788973 0.724924 1.0 1.0 1 2021-04-01

Austria 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Austria 10-Year Bond Yield momentum, Austria 10-Year Bond Yield trend, Austria 10-Year Bond Yield oscillator, Austria 10-Year Bond Yield RSI and Austria 10-Year Bond Yield returns.

Austria 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarAustria 10-Year Bond Yield momentum signal ranges from -100 to +100. The Austria 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Austria 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Austria 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Austria 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Austria 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Austria 10-Year Bond Yield trend

Austria 10-Year Bond Yield trend signal ranges from -100 to +100. Austria 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Austria 10-Year Bond Yield Closing price vs Austria 10-Year Bond Yield moving average (MA) calculation: If Austria 10-Year Bond Yield is greater than Austria 10-Year Bond Yield MA value is +1, else -1, 2. Austria 10-Year Bond Yield Moving average slope calculation: if current Austria 10-Year Bond Yield moving average is higher than the previous MA, Austria 10-Year Bond Yield upward slope +1, else -1
Austria 10-Year Bond Yield trend model can be used as a trend strength indicator. Austria 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Austria 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Austria 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Austria 10-Year Bond Yield is in an uptrend when Austria 10-Year Bond Yield price is higher than the 52-week moving average and the Austria 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Austria 10-Year Bond Yield oscillator and Austria 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Austria 10-Year Bond Yield oscillator

The Austria 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Austria 10-Year Bond Yield price versus Austria 10-Year Bond Yield 1-year simple moving average price. The formula for the Austria 10-Year Bond Yield oscillator is:
Austria 10-Year Bond Yield oscillator = (Current Price – 250 trading days Austria 10-Year Bond Yield simple moving average price) / (250 days Austria 10-Year Bond Yield price standard deviation)

Austria 10-Year Bond Yield oversold conditions
Austria 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Austria 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Austria 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Austria 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Austria 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Austria 10-Year Bond Yield RSI.
Austria 10-Year Bond Yield overbought conditions
Austria 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Austria 10-Year Bond Yield is overbought it is often due for a correction. Values of the Austria 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Austria 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Austria 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Austria 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Austria 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Austria 10-Year Bond Yield returns

MacroVar calculates Austria 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Austria 10-Year Bond Yield returns = (Austria 10-Year Bond Yield Closing Price – Austria 10-Year Bond Yield Previous Price)/(Austria 10-Year Bond Yield Previous Price)
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