Greece 10-Year Bond Yield

Greece 10-Year Bond Yield closed down by -3.0% to 0.68 on 23 January 2021 and +-18.27% on a weekly basis. Greece 10-Year Bond Yield momentum was last calculated at -100.0/100 indicating negative momentum. Greece 10-Year Bond Yield trend is -75.0/100 indicating a negative trend. Greece 10-Year Bond Yield momentum exhaustion is -1.24317 indicating Greece 10-Year Bond Yield is oversold.Greece 10-Year Bond Yield RSI is 42.2271 .

Greece 10-Year Bond Yield Chart

Greece 10-Year Bond Yield

Greece 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Greece 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 Greece 10-Year Bond Yield trading signals presented in the Greece 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Greece 10-Year Bond Yield GR.10Y 0.68 -1 -0.75 -1.24317 42.2271 -3 -18.27 -28.57 -0.54745

Greece 10-Year Bond Yield closed at 0.68 on 23 January 2021. Greece 10-Year Bond Yield trend was last calculated at -75.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Greece 10-Year Bond Yield momentum was last calculated at -100.0/100 (range: -100 to +100) indicating negative momentum. Greece 10-Year Bond Yield momentum exhaustion is -1.24317 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Greece 10-Year Bond Yield is oversold and a possible reversal is imminent. Greece 10-Year Bond Yield RSI was last calculated at 42.2271. Greece 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 0.6196 in a downtrend , 1-quarter moving average: 0.74108 in a downtrend and 1-year moving average: 1.26086 in a downtrend. Greece 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -3.0%, and weekly return was last recorded at -18.27%. Greece 10-Year Bond Yield histrorical 20-day volatility was last recorded at 62.8039%, Greece 10-Year Bond Yield alpha None, Greece 10-Year Bond Yield beta None and Greece 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Greece 10-Year Bond Yield statistics based on historical data since 1970.

Greece 10-Year Bond Yield News

Greece 10-Year Bond Yield Factors

Greece 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Greece PMI vs 10Y GR.FACT.10YPMI 0.925 37.3531 1.39679
Greece ESI vs 10Y GR.FACT.10YESI 0.925 85.6519 1.14653
Greece 10Y vs FX GR.FACT.FX10Y 0.62 27.353 0.059

Greece Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Athens General Composite ATG 854.22 1 0.75 1.06728 71.3767 -1.93 -6.16 -4.42 -0.1135
FTSE/ATHEX Large Cap ATF 2045.55 0.5 0.75 0.83939 66.7462 -2.53 -7.07 -5.49 -0.16
Greece ETF GREK 26.6 0 0.5 1.19786 61.7913 -2.88 -7.73 -7.22 -0.13759
Greece 10-Year Bond Yield GR.10Y 0.68 -1 -0.75 -1.24317 42.2271 -3 -18.27 -28.57 -0.54745
Greece 5-Year Bond Yield GR.5Y -0.12 -0.5 -1 -0.91352 44.7152 12.15 -318.18 -141.81 -0.78531
Greece 6-months bond yield GR.6M -0.22 0.5 -0.5 -1.44822 51.3498 -20.86 13.99 -12 -1.33143
Greece Yield Curve GR.YC 0.9 -1 -1 -1.00698 42.4994 -8.07 -12.2 -21.12 -0.31982
Greece Credit Default Swaps CDS.Greece 74.25 -1 -1 -1.25851 18.3627 4.21 -1.66 -7.19 -0.61463

Greece Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade -1673.8 -1842.7 -0.091659 0.440324 -1.0 -1.0 0.933333 2021-05-31
bank lending rate 3.79 3.66 0.0355191 -0.00524934 -1.0 -1.0 0.85 2021-05-31
banks balance sheet 321720 317780 0.0123985 0.00555726 -1.0 1.0 0.616667 2021-05-31
building permits 2209 1913 0.154731 1.2703 1.0 1.0 1 2021-04-30
business confidence 108.7 108.6 0.00092081 0.236633 1.0 1.0 1 2021-06-30
capacity utilization 76.8 74.1 0.0364372 0.165402 1.0 1.0 1 2021-06-30
capital flows -1639.42 -1874.04 -0.125195 3.2928 -1.0 -1.0 0.983333 2021-04-30
car registrations 13877 10850 0.278986 0.682265 1.0 1.0 0.95 2021-06-30
central bank balance sheet 202418 198151 0.0215341 0.537839 1.0 1.0 0.833333 2021-05-31
consumer confidence -25.6 -22.2 0.153153 -0.0758123 1.0 1.0 0.566667 2021-06-30
consumer price index cpi 106.86 105.87 0.00935109 0.0103054 1.0 1.0 0.866667 2021-06-30
core inflation rate -0.5 -1.7 -0.705882 -0.642857 1.0 1.0 0.533333 2021-06-30
current account -2079.1 -1461.6 0.422482 0.81397 -1.0 -1.0 0.9 2021-04-30
current account to gdp -6.7 -1.5 3.46667 -0.556291 -1.0 1.0 0 2020-01-31
exports 3224 3172.1 0.0163614 0.511486 1.0 1.0 1 2021-05-31
external debt 503574 494509 0.0183313 0.253024 1.0 1.0 0.666667 2021-01-01
fiscal expenditure 34192 29118 0.174256 0.211322 -1.0 1.0 0.85 2021-06-30
foreign direct investment 180.8 323.7 -0.441458 0.509182 -1.0 1.0 0.633333 2021-04-30
foreign exchange reserves 9175 9231 -0.00606652 0.0289335 -1.0 1.0 0.466667 2021-06-30
gdp 189.41 205.33 -0.0775337 -0.467815 -1.0 -1.0 0 2020-01-31
Real GDP 40519.5 43178.2 -0.0615751 -0.0248108 -1.0 -1.0 0.466667 2021-03-30
gdp growth 4.4 3.4 0.294118 4.5 1.0 1.0 0.966667 2021-01-31
gdp growth annual -7.9 -10.5 -0.247619 -8.18182 -1.0 -1.0 0.0833333 2020-10-01
gold reserves 113.93 113.9 0.000263389 0.00912312 1.0 1.0 0.8 2021-01-01
government budget -9.7 1.1 -9.81818 -0.0490196 -1.0 1.0 0 2020-01-31
Government budget -2002.6 -3083.5 -0.350543 -0.414855 1.0 1.0 0.433333 2021-05-31
government debt 380795 374006 0.0181521 0.1078 1.0 1.0 0 2020-07-01
government debt to gdp 205.6 180.5 0.139058 0.879342 1.0 1.0 0 2020-01-31
government revenues 21977 18290 0.201586 0.142731 -1.0 1.0 0.95 2021-06-30
housing index 68.9 67.2 0.0252976 0.161889 1.0 1.0 0 2021-01-01
imports 4897.8 5014.8 -0.0233309 0.488241 1.0 1.0 0.983333 2021-05-31
industrial production 14 22.7 -0.38326 -2.70732 1.0 1.0 0.25 2021-05-31
industrial production mom 2.3 -2.3 -2 0.916667 1.0 1.0 0.866667 2021-03-31
inflation cpi 1 0.1 9 -1.625 1.0 1.0 0.383333 2021-06-30
interbank rate -0.33 -0.33 0 0 1.0 -1.0 0.35 2021-02-28
interest rate 0.05 0.05 0 0 1.0 -1.0 0.791667 2016-03-09
loan growth 16.6 17.4 -0.045977 3.15 1.0 1.0 0.933333 2021-05-31
loans to private sector 68082.4 68150.8 -0.00100366 -0.0711624 -1.0 -1.0 0.25 2021-05-31
long term unemployment rate 10 10.8 -0.0740741 -0.310345 -1.0 -1.0 0.0333333 2021-01-01
manufacturing pmi 58.6 58 0.0103448 0.186235 1.0 1.0 0.916667 2021-06-30
money supply m0 32555 31963 0.0185214 0.086942 1.0 1.0 0.8 2021-05-31
money supply m1 169558 166408 0.0189294 0.223724 1.0 1.0 0.983333 2021-05-31
money supply m2 214223 212331 0.00891062 0.119576 1.0 1.0 0.9 2021-05-31
money supply m3 215372 213511 0.00871618 0.122735 1.0 1.0 0.933333 2021-05-31
Producer Price Index 105.5 104.5 0.00956938 0.136853 1.0 1.0 0.983333 2021-05-31
PPI Index 13.7 14.6 -0.0616438 -1.98561 1.0 1.0 0.283333 2021-05-31
retail sales MoM 2.2 0.8 1.75 -1.08302 -1.0 1.0 0.516667 2021-04-30
retail sales 39.3 -0.7 -57.1429 -2.59756 1.0 1.0 0.166667 2021-04-30
unemployment rate 17 16.3 0.0429448 0.0691824 1.0 1.0 1 2021-04-30
youth unemployment rate 38.2 49.8 -0.232932 0.0945559 -1.0 1.0 0.883333 2021-05-31
Construction sector 5.1 -12.2 -1.41803 -1.06684 1.0 1.0 0.0166667 2021-04-01
Consumer sector -34.6 -39.5 -0.124051 0.0613497 1.0 -1.0 0.75 2021-04-01
Manufacturing sector -5.8 -7.5 -0.226667 0.0357143 1.0 -1.0 0.933333 2021-04-01
Retail sector 3.2 -1.3 -3.46154 0 1.0 -1.0 0.666667 2021-04-01
Services sector -17.6 -18.2 -0.032967 -17 1.0 -1.0 0.0166667 2021-04-01
ESI - Economic Composite 97.9 96.9 0.0103199 -0.0160804 1.0 -1.0 0.283333 2021-04-01

Greece 10-Year Bond Yield Trading Signals


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

Greece 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.

MacroVarGreece 10-Year Bond Yield momentum signal ranges from -100 to +100. The Greece 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Greece 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. Greece 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. Greece 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Greece 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Greece 10-Year Bond Yield trend

Greece 10-Year Bond Yield trend signal ranges from -100 to +100. Greece 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. Greece 10-Year Bond Yield Closing price vs Greece 10-Year Bond Yield moving average (MA) calculation: If Greece 10-Year Bond Yield is greater than Greece 10-Year Bond Yield MA value is +1, else -1, 2. Greece 10-Year Bond Yield Moving average slope calculation: if current Greece 10-Year Bond Yield moving average is higher than the previous MA, Greece 10-Year Bond Yield upward slope +1, else -1
Greece 10-Year Bond Yield trend model can be used as a trend strength indicator. Greece 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 Greece 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Greece 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Greece 10-Year Bond Yield is in an uptrend when Greece 10-Year Bond Yield price is higher than the 52-week moving average and the Greece 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 Greece 10-Year Bond Yield oscillator and Greece 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Greece 10-Year Bond Yield oscillator

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

Greece 10-Year Bond Yield oversold conditions
Greece 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Greece 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Greece 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Greece 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Greece 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 Greece 10-Year Bond Yield RSI.
Greece 10-Year Bond Yield overbought conditions
Greece 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Greece 10-Year Bond Yield is overbought it is often due for a correction. Values of the Greece 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 Greece 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.

Greece 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 Greece 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Greece 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.

Greece 10-Year Bond Yield returns

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

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