US Health Care Equipment & Services industry
US Health Care Equipment & Services industry closed up by 0.68% to 2334.7 on 23 January 2021 and +3.14% on a weekly basis. US Health Care Equipment & Services industry momentum was last calculated at +100.0/100 indicating positive momentum. US Health Care Equipment & Services industry trend is +100.0/100 indicating a positive trend. US Health Care Equipment & Services industry momentum exhaustion is 1.8906 indicating US Health Care Equipment & Services industry is oversold.US Health Care Equipment & Services industry RSI is 74.6245 .
US Health Care Equipment & Services industry Chart
US Health Care Equipment & Services industry Statistics
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the US Health Care Equipment & Services industry. Click here to explore the financial factors monitored and their current signals.
Click here to explore the methodology used for estimating the US Health Care Equipment & Services industry trading signals presented in the US Health Care Equipment & Services industry statistics table.
| Security | Symbol | Last | Momentum | Trend | Oscillator | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| US Health Care Equipment & Services industry | US.HEALTHSERVICES | 2334.7 | 1 | 1 | 1.8906 | 74.6245 | 0.68 | 3.14 | 3.11 | 0.18107 |
US Health Care Equipment & Services industry closed at 2334.7 on 23 January 2021. US Health Care Equipment & Services industry trend was last calculated at +100.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. US Health Care Equipment & Services industry momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. US Health Care Equipment & Services industry momentum exhaustion is 1.8906 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating US Health Care Equipment & Services industry is oversold and a possible reversal is imminent. US Health Care Equipment & Services industry RSI was last calculated at 74.6245. US Health Care Equipment & Services industry moving averages were last recorded as follows: 1-month moving average: 2019.75 in an uptrend , 1-quarter moving average: 1982.18 in an uptrend and 1-year moving average: 1769.57 in an uptrend. US Health Care Equipment & Services industry annual return was last recorded at None%, daily return was last recorded at 0.68%, and weekly return was last recorded at 3.14%. US Health Care Equipment & Services industry histrorical 20-day volatility was last recorded at 11.5007%, US Health Care Equipment & Services industry alpha None, US Health Care Equipment & Services industry beta None and US Health Care Equipment & Services industry maximum drawdown was recorded at None%. MacroVar models monitor US Health Care Equipment & Services industry statistics based on historical data since 1970.
US Health Care Equipment & Services industry News
US Health Care Equipment & Services industry Factors
US Health Care Equipment & Services industry
| Factor | Symbol | Last Value | Predicted Value | R2 | MacroVar Signal |
|---|---|---|---|---|---|
| US Health Care Equipment & Services Stocks vs Credit | US.STCR.HEALTHEQUIPSERV | 2046.84 | -8.498 | 0.087 |
United States Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| S&P 500 | SPX | 4358.69 | 0 | 0.75 | -2.6 | 72.32 | -0.36 | 2.64 | 4.09 | 0.35798 |
| S&P 500 ETF | SPY | 434.55 | 0.5 | 1 | 1.55493 | 58.155 | -0.39 | 2.7 | 4.06 | 0.14736 |
| US Dollar Index (DXY) | DXY | 92.75 | 0 | -1 | -0.5352 | 43.8176 | 0.37 | 1.03 | 2.36 | -0.07489 |
| United States 10-Year Bond Yield | US.10Y | 1.29 | -0.5 | 0.25 | 0.11307 | 51.7114 | -4.09 | -13.19 | -19.85 | -0.49589 |
| US 5-year bond yield | US.5Y | 0.74 | -0.5 | -0.25 | -0.37083 | 46.288 | -7.38 | -16 | -13.02 | -0.78074 |
| US 30-year bond yield | US.30Y | 1.94 | -0.5 | 0.25 | 0.42814 | 49.6785 | -1.72 | -8.01 | -15.24 | -0.28429 |
| iShares 20+ Year Treasury Bond ETF | TLT | 148.1 | -0.5 | -0.5 | -0.41513 | 43.3466 | 0.84 | 3.1 | 7.07 | 0.13041 |
| iShares iBoxx $ Investment Grade Corporate Bond | LQD | 135.27 | -0.5 | 0.5 | 0.8286 | 46.445 | 0.3 | 1.11 | 3.35 | 0.06823 |
| iShares iBoxx $ High Yield Corporate Bond | HYG | 87.73 | 0.5 | 0.75 | 0.93656 | 61.2482 | -0.14 | 0.08 | 0.29 | -0.01112 |
| iShares 7-10 Year Treasury Bond ETF | IEF | 117.13 | -0.5 | -0.5 | -0.03907 | 45.3845 | 0.55 | 1.52 | 2.84 | 0.07499 |
| SPDR Barclays High Yield Bond | JNK | 109.64 | 1 | 0.75 | 0.9771 | 62.5206 | -0.12 | 0.13 | 0.58 | -0.00992 |
| iShares TIPS Bond (TIP) | TIP | 128.7 | 0.5 | 1 | 1.32977 | 74.3114 | 0.07 | 0.81 | 1.28 | 0.08835 |
| US 2-year bond yield | US.2Y | 0.21 | -1 | -1 | -0.55223 | 42.4592 | -6.67 | -20.75 | 27.97 | -0.92399 |
| US Yield Curve | US.YC | 1.08 | 0 | 1 | 1.74858 | 55.6394 | -3.57 | -11.55 | -25.28 | 1.91241 |
| US Yield Curve 2s5s | US.YC25 | 0.53 | 0 | 0.5 | 1.38639 | 50.8504 | -7.67 | -13.96 | -22.82 | 3.08475 |
| US Yield Curve 5s10s | US.YC510 | 0.55 | 0 | 1 | 1.84348 | 58.6679 | -0.18 | -9.69 | -27.56 | 1.73529 |
| US Yield Curve 5s30s | US.YC530 | 1.2 | 0 | 0.75 | 1.21768 | 52.8329 | 2.13 | -2.28 | -16.56 | 0.9709 |
| US Yield Curve 10s30s | US.YC1030 | 0.65 | -1 | -0.5 | 0.52721 | 45.0387 | 4.17 | 5.01 | -4.26 | 0.5283 |
| US Yield Curve 2s30s | US.YC0230 | 1.73 | 0 | 0.75 | 1.31448 | 52.3027 | -1.09 | -6.18 | -18.58 | 1.14607 |
United States Economic Indicators
| Indicator | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|
| balance of trade | -74448 | -70518 | 0.0557305 | 0.575853 | -1.0 | -1.0 | 0.966667 | 2021-03-31 |
| bank lending rate | 3.25 | 3.81 | -0.146982 | -0.409091 | -1.0 | -1.0 | 0.0166667 | 2020-04-30 |
| building permits | 1598 | 1683 | -0.050505 | 0.233025 | -1.0 | 1.0 | 0.95 | 2021-06-30 |
| business confidence (ISM) | 60.6 | 61.2 | -0.00980392 | 0.152091 | 1.0 | 1.0 | 0.783333 | 2021-06-30 |
| capacity utilization | 74.9 | 74.3914 | 0.00683681 | 0.166002 | 1.0 | 1.0 | 1 | 2021-04-30 |
| capital flows | 146400 | 72638 | 1.01547 | -0.587987 | 1.0 | -1.0 | 0.433333 | 2021-03-31 |
| car registrations | 386.98 | 412.61 | -0.0621168 | 1.11728 | 1.0 | 1.0 | 1 | 2021-04-30 |
| case shiller home price index | 257.1 | 251.79 | 0.021089 | 0.148999 | 1.0 | 1.0 | 1 | 2021-04-30 |
| composite pmi | 63.7 | 68.7 | -0.0727802 | 0.329854 | 1.0 | 1.0 | 0.95 | 2021-06-30 |
| consumer confidence | 80.8 | 85.5 | -0.0549708 | 0.114483 | -1.0 | 1.0 | 0.95 | 2021-07-31 |
| consumer price index cpi | 270.98 | 268.55 | 0.00904859 | 0.0532412 | 1.0 | 1.0 | 1 | 2021-06-30 |
| continuing jobless claims | 3731 | 3794 | -0.0166052 | -0.279034 | -1.0 | -1.0 | 0.483333 | 2021-04-30 |
| core inflation rate | 4.5 | 3.8 | 0.184211 | 2.75 | 1.0 | 1.0 | 1 | 2021-06-30 |
| core pce price index | 116.581 | 116.023 | 0.00480939 | 0.033932 | 1.0 | 1.0 | 1 | 2021-05-31 |
| core Producer Price Index | 124.8 | 123.6 | 0.00970874 | 0.0558376 | 1.0 | 1.0 | 1 | 2021-06-30 |
| current account | -188484 | -180917 | 0.0418258 | 0.671417 | -1.0 | -1.0 | 0.983333 | 2020-10-01 |
| current account to gdp | -3.1 | -2.2 | 0.409091 | -0.340426 | -1.0 | 1.0 | 0 | 2020-01-31 |
| durable goods orders | 2.3 | -0.8 | -3.875 | -0.847682 | -1.0 | -1.0 | 0.583333 | 2021-05-31 |
| durable goods orders ex defense | 1.7 | 0.5 | 2.4 | -0.886667 | -1.0 | -1.0 | 0.516667 | 2021-05-31 |
| durable goods orders ex transportation | 0.3 | 1.7 | -0.823529 | -0.925 | -1.0 | -1.0 | 0.616667 | 2021-05-31 |
| exports | 200030 | 187589 | 0.0663205 | 0.0805774 | 1.0 | 1.0 | 0.916667 | 2021-03-31 |
| external debt | 21764800 | 21358300 | 0.0190324 | 0.134712 | 1.0 | 1.0 | 0.5 | 2021-01-01 |
| fiscal expenditure | 623359 | 595698 | 0.0464346 | -0.435823 | 1.0 | -1.0 | 0.0166667 | 2021-06-30 |
| foreign direct investment | 53916 | 47457 | 0.136102 | 0.252462 | 1.0 | 1.0 | 0.616667 | 2021-01-01 |
| foreign exchange reserves | 141810 | 141120 | 0.00488946 | 0.0723765 | 1.0 | 1.0 | 0.833333 | 2021-05-31 |
| gdp | 20936.6 | 21433.2 | -0.0231697 | 0.423019 | 1.0 | 1.0 | 0 | 2020-01-31 |
| Real GDP | 19086.4 | 18794.4 | 0.0155365 | 0.0299992 | 1.0 | 1.0 | 0.266667 | 2021-01-01 |
| gdp growth | 6.4 | 4.3 | 0.488372 | 0.684211 | 1.0 | 1.0 | 0.866667 | 2020-11-01 |
| gdp growth annual | 0.4 | -2.4 | -1.16667 | -0.870968 | 1.0 | -1.0 | 0.216667 | 2020-11-01 |
| gold reserves | 8133.46 | 8133.5 | -0.00000491793 | 0 | -1.0 | -1.0 | 0.55 | 2020-07-01 |
| government budget | -14.9 | -4.6 | 2.23913 | 3.80645 | -1.0 | -1.0 | 0.916667 | 2020-01-31 |
| Government budget | -226000 | -660000 | -0.657576 | -0.693776 | 1.0 | 1.0 | 0.15 | 2021-04-30 |
| government debt | 28529400 | 28199000 | 0.0117167 | 0.0775082 | 1.0 | 1.0 | 0.716667 | 2021-06-30 |
| government debt to gdp | 107.6 | 106.9 | 0.00654818 | 0.589365 | 1.0 | 1.0 | 0.75 | 2019-02-28 |
| government revenues | 449000 | 463745 | -0.0317955 | 0.864393 | 1.0 | 1.0 | 0.966667 | 2021-06-30 |
| housing starts | 1643 | 1546 | 0.0627426 | 0.290652 | 1.0 | 1.0 | 0.916667 | 2021-06-30 |
| imports | 274478 | 258107 | 0.0634272 | 0.181277 | 1.0 | 1.0 | 1 | 2021-03-31 |
| industrial production | 16.5 | 1 | 15.5 | -2.01227 | 1.0 | 1.0 | 0.2 | 2021-04-30 |
| industrial production mom | 0.7 | 2.4 | -0.708333 | -1.05512 | -1.0 | 1.0 | 0.516667 | 2021-04-30 |
| inflation cpi | 5.4 | 5 | 0.08 | 8 | 1.0 | 1.0 | 0.966667 | 2021-06-30 |
| inflation expectations | 4.8 | 4 | 0.2 | 0.791045 | 1.0 | 1.0 | 1 | 2021-06-30 |
| interbank rate | 0.13 | 0.14 | -0.0714286 | -0.35 | -1.0 | -1.0 | 0.0166667 | 2021-06-02 |
| interest rate | 0.25 | 1.25 | -0.8 | -0.9 | -1.0 | -1.0 | 0.0166667 | 2020-03-15 |
| job offers | 9209 | 9193 | 0.00174045 | 0.690655 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| jobless claims | 385 | 406 | -0.0517241 | -0.45927 | -1.0 | -1.0 | 0.2 | 2021-05-29 |
| loans to private sector | 2487.89 | 2546.98 | -0.0232 | -0.142125 | -1.0 | -1.0 | 0.0333333 | 2021-06-30 |
| long term unemployment rate | 2.47 | 2.33 | 0.0600858 | 1.83908 | 1.0 | 1.0 | 0.866667 | 2021-06-30 |
| manufacturing pmi | 62.1 | 62.1 | 0 | 24.7 | UP | UP | 99.17 | 2021-08-06 |
| money supply m0 | 6041900 | 6042100 | -0.0000331011 | 0.173292 | 1.0 | 1.0 | 0.783333 | 2021-05-31 |
| money supply m1 | 19221.7 | 18935.2 | 0.0151306 | 2.7968 | 1.0 | 1.0 | 0.95 | 2021-05-31 |
| money supply m2 | 20370.1 | 20108.6 | 0.0130044 | 0.139879 | 1.0 | 1.0 | 0.783333 | 2021-05-31 |
| mortgage rate | 3.09 | 3.15 | -0.0190476 | -0.034375 | -1.0 | -1.0 | 0.633333 | 2021-07-09 |
| nahb housing market index | 83 | 82 | 0.0121951 | 1.76667 | 1.0 | 1.0 | 1 | 2021-04-30 |
| new home sales | 1021 | 846 | 0.206856 | 0.668301 | 1.0 | 1.0 | 1 | 2021-03-31 |
| non manufacturing pmi | 62.7 | 63.7 | -0.0156986 | 0.5 | 1.0 | 1.0 | 1 | 2021-04-30 |
| Producer Price Index | 123.8 | 123.1 | 0.00568643 | 0.0617496 | 1.0 | 1.0 | 1 | 2021-04-30 |
| PPI Index | 6.2 | 4.2 | 0.47619 | -5.13333 | 1.0 | 1.0 | 0.0333333 | 2021-04-30 |
| retail sales MoM | 10.7 | -2.9 | -4.68966 | -2.27381 | 1.0 | 1.0 | 0.233333 | 2021-03-31 |
| retail sales | 51.2 | 29 | 0.765517 | -3.57286 | 1.0 | 1.0 | 0.05 | 2021-04-30 |
| retail sales ex autos | -0.8 | 9 | -1.08889 | -0.947368 | -1.0 | 1.0 | 0.416667 | 2021-04-30 |
| services pmi | 70.1 | 64.7 | 0.0834621 | 0.869333 | 1.0 | 1.0 | 0.983333 | 2021-05-30 |
| total vehicle sales | 18.5 | 17.7 | 0.0451977 | 1.15116 | 1.0 | 1.0 | 1 | 2021-04-30 |
| unemployment rate | 6.1 | 6 | 0.0166667 | -0.585034 | -1.0 | -1.0 | 0.0166667 | 2021-04-30 |
| youth unemployment rate | 11 | 11.1 | -0.00900901 | -0.59854 | -1.0 | -1.0 | 0.0166667 | 2021-04-30 |
| Effective Federal Funds Rate | 0.06 | 0.07 | -0.142857 | 0.2 | -1.0 | 1.0 | 0.35 | 2021-05-01 |
| BofA Merrill Lynch US High Yield Option-Adjusted Spread | 3.21 | 3.23 | -0.00619195 | -0.041791 | -1.0 | -1.0 | 0.25 | 2021-06-11 |
| BofA Merrill Lynch US Corporate BBB Option-Adjusted Spread | 1.11 | 1.12 | -0.00892857 | -0.0176991 | -1.0 | -1.0 | 0.433333 | 2021-06-11 |
| University of Michigan Consumer Sentiment | 88.3 | 84.9 | 0.0400471 | 0.229805 | 1.0 | 1.0 | 1 | 2021-04-01 |
| 5-Year Breakeven Inflation Rate | 2.65 | 2.53 | 0.0474308 | 2.44156 | 1.0 | 1.0 | 0.983333 | 2021-05-01 |
| BofA Merrill Lynch US Corporate Master Option-Adjusted Spread | 0.9 | 0.91 | -0.010989 | 0 | -1.0 | -1.0 | 0.791667 | 2021-06-11 |
| BofA Merrill Lynch US High Yield BB Option-Adjusted Spread | 2.32 | 2.34 | -0.00854701 | -0.0491803 | -1.0 | -1.0 | 0.25 | 2021-06-11 |
| Federal Funds Target Range - Lower Limit | 1 | 1 | 0 | -0.333333 | -1.0 | -1.0 | 0.108333 | 2020-03-14 |
| Cass Freight Index Shipments | 1.269 | 1.178 | 0.0772496 | 0.352878 | 1.0 | 1.0 | 1 | 2021-05-01 |
| ism manufacturing Employment index | 50.9 | 55.1 | -0.076225 | 0.58567 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism manufacturing index | 61.2 | 60.7 | 0.00823723 | 0.419954 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing employment | 55.3 | 58.8 | -0.0595238 | 0.738994 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing index | 72.4 | 62.7 | 0.154705 | 0.594714 | 1.0 | 1.0 | 1 | 2021-05-31 |
| ism non manufacturing new orders index | 63.9 | 63.2 | 0.0110759 | 0.52506 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing prices index | 80.6 | 76.8 | 0.0494792 | 0.44964 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism manufacturing New Orders Index | 67 | 64.3 | 0.0419907 | 1.10692 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing business Activity | 66.2 | 62.7 | 0.0558214 | 0.614634 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism manufacturing Production Index | 58.5 | 62.5 | -0.064 | 0.762048 | -1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism manufacturing Supplier Deliveries Index | 78.8 | 75 | 0.0506667 | 0.158824 | 1.0 | 1.0 | 0.8 | 2021-05-31 |
| ism manufacturing Inventories Index | 50.8 | 46.5 | 0.0924731 | 0.00793651 | 1.0 | 1.0 | 0.466667 | 2021-05-31 |
| ism manufacturing Customers inventories Index | 28 | 28.4 | -0.0140845 | -0.393939 | -1.0 | -1.0 | 0.0333333 | 2021-05-31 |
| ism manufacturing Prices Index | 88 | 89.6 | -0.0178571 | 1.15686 | 1.0 | 1.0 | 0.966667 | 2021-05-31 |
| ism manufacturing Backlog of Orders Index | 70.6 | 68.2 | 0.0351906 | 0.848168 | 1.0 | 1.0 | 1 | 2021-05-31 |
| ism manufacturing Exports Index | 55.4 | 54.9 | 0.00910747 | 0.402532 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing Inventories Index | 51.5 | 49.1 | 0.0488798 | 0.0729167 | -1.0 | 1.0 | 0.883333 | 2021-05-31 |
| ism non manufacturing supplier deliveries Index | 70.4 | 66.1 | 0.0650529 | 0.0507463 | 1.0 | 1.0 | 0.633333 | 2021-05-31 |
| ism non manufacturing order backlog Index | 61.1 | 55.7 | 0.0969479 | 0.31681 | 1.0 | 1.0 | 1 | 2021-05-31 |
| ism non manufacturing New Export Orders | 60 | 58.6 | 0.0238908 | 0.445783 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| ism non manufacturing Inventory Sentiment Index | 40.5 | 46.8 | -0.134615 | -0.264973 | -1.0 | -1.0 | 0.0166667 | 2021-05-31 |
| US Consumer Confidence Index | 117.2 | 117.5 | -0.00255319 | 0.364377 | 1.0 | 1.0 | 0.983333 | 2021-05-31 |
| Leading Economic Indicator Conference Board index | 113.3 | 111.5 | 0.0161435 | 0.169247 | 1.0 | 1.0 | 1 | 2021-04-30 |
| Coincident Economic Indicator (CEI) - Conference Board | 104.1 | 103.8 | 0.00289017 | 0.119355 | 1.0 | 1.0 | 1 | 2021-04-30 |
| Lagging Economic Indicator (Lagging) - Conference Board | 104.7 | 102.8 | 0.0184825 | -0.0935065 | -1.0 | -1.0 | 0.0166667 | 2021-04-30 |
| US Citigroup Economic Surprise Index | 13 | 4 | 2.25 | -0.835443 | -1.0 | -1.0 | 0.316667 | 2021-06-04 |
| Build Permits United States | 1760 | 1755 | 0.002849 | 0.608775 | 1.0 | 1.0 | 1 | 2021-04-01 |
| ECRI US Weekly Leading Index | 159.5 | 159.1 | 0.00251414 | 0.0562914 | 1.0 | 1.0 | 0.716667 | 2021-05-21 |
| ECRI US Coincident Index | 195.5 | 194.5 | 0.00514139 | 0.194988 | 1.0 | 1.0 | 1 | 2021-04-01 |
| ECRI US Lagging Index | 213.8 | 212.8 | 0.00469925 | -0.0631025 | 1.0 | -1.0 | 0.0833333 | 2021-04-01 |
| University of Michigan Consumer Sentiment Expected Index | 82.7 | 79.7 | 0.0376412 | 0.179743 | 1.0 | 1.0 | 1 | 2021-04-30 |
| University of Michigan Consumer Sentiment Current Index | 97.2 | 93 | 0.0451613 | 0.30821 | 1.0 | 1.0 | 1 | 2021-04-30 |
| ICE BofAML US High Yield Master II | 3.28 | 3.28 | 0 | -0.0352941 | -1.0 | -1.0 | 0.233333 | 2021-06-04 |
| BofAML US High Yield CCC or Below Option-Adjusted Spread | 6.31 | 6.32 | -0.00158228 | -0.0322086 | -1.0 | -1.0 | 0.15 | 2021-06-04 |
| Federal Funds Rate | 0.09 | 0.09 | 0 | 0 | UP | Down | 60 | 2021-01-12 |
| S&P/Case-Shiller 10-City Composite Home Price Index | 248.14 | 244.258 | 1.59 | 7.54 | UP | UP | 100 | 2021-01-13 |
| S&P/Case-Shiller 20-City Composite Home Price Index | 235.46 | 231.715 | 1.61 | 7.93 | UP | UP | 100 | 2021-01-13 |
| S&P/Case-Shiller 20-City Home Price Sales Pair Counts | 180935 | 194048 | -6.76 | 17.31 | UP | UP | 91.67 | 2021-01-13 |
| ism manufacturing sector - apparel | 13 | 5 | 1.6 | 3.33333 | 1.0 | 1.0 | 0.983333 | 2021-05-03 |
| ism manufacturing sector - Computer & Electronic Products | 6 | 11 | -0.454545 | -1.6 | -1.0 | 1.0 | 0.191667 | 2021-06-01 |
| ism service sector - accomodation | 13 | 17 | -0.235294 | -2.44444 | 1.0 | 1.0 | 0.0833333 | 2021-06-03 |
| NY Empire state Manufacturing | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| United States Dallas Fed Services Index | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| U.S. Chicago Purchasing Managers Index | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| US Richmond Fed Manufacturing | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| US Kansas Fed Manufacturing | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| US Dallas Fed Manufacturing | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| US Philadelphia Fed Manufacturing | 52.1 | 56.3 | -0.0746004 | 0.0831601 | 1.0 | 1.0 | 0.416667 | 2020-11-30 |
| Import Dry Bulk Freight Index(CDFI) | 1676.29 | 1671.71 | 0.00273971 | 0.0780763 | 1.0 | 1.0 | 1 | 2021-08-06 |
| Coastal Bulk (Coal) Freight Index (Daily Index) | 1042.99 | 1034.34 | 0.00836282 | 0.0671503 | 1.0 | 1.0 | 0.716667 | 2021-08-06 |
| Coastal Bulk Freight Index CBF-IDX-SSE | 1239.03 | 1229.26 | 0.00794787 | -0.141964 | 1.0 | -1.0 | 0.666667 | 2021-08-06 |
| Shanghai Containerized Freight Index SCF | 4225.86 | 4196.24 | 0.0070587 | 0.263964 | 1.0 | 1.0 | 1 | 2021-08-06 |
| Containerized Freight Index CCF | 3006.82 | 2930.03 | 0.0262079 | 0.408762 | 1.0 | 1.0 | 1 | 2021-08-06 |
US Health Care Equipment & Services industry Trading Signals
MacroVar estimates the following signals: US Health Care Equipment & Services industry momentum, US Health Care Equipment & Services industry trend, US Health Care Equipment & Services industry oscillator, US Health Care Equipment & Services industry RSI and US Health Care Equipment & Services industry returns.
US Health Care Equipment & Services industry 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.MacroVarUS Health Care Equipment & Services industry momentum signal ranges from -100 to +100. The US Health Care Equipment & Services industry momentum signal is derived as the mean value from 4 calculations for the US Health Care Equipment & Services industry. 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. US Health Care Equipment & Services industry 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. US Health Care Equipment & Services industry momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when US Health Care Equipment & Services industry momentum signal moves from positive to negative value or vice-versa.
US Health Care Equipment & Services industry trend
US Health Care Equipment & Services industry trend signal ranges from -100 to +100. US Health Care Equipment & Services industry 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. US Health Care Equipment & Services industry Closing price vs US Health Care Equipment & Services industry moving average (MA) calculation: If US Health Care Equipment & Services industry is greater than US Health Care Equipment & Services industry MA value is +1, else -1, 2. US Health Care Equipment & Services industry Moving average slope calculation: if current US Health Care Equipment & Services industry moving average is higher than the previous MA, US Health Care Equipment & Services industry upward slope +1, else -1
US Health Care Equipment & Services industry trend model can be used as a trend strength indicator. US Health Care Equipment & Services industry trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when US Health Care Equipment & Services industry trend strength indicator moves from positive to negative value or vice-versa.
The most important trend indicator
The US Health Care Equipment & Services industry 52-week simple moving average and its slope are the most important indicators defining a market’s trend. US Health Care Equipment & Services industry is in an uptrend when US Health Care Equipment & Services industry price is higher than the 52-week moving average and the US Health Care Equipment & Services industry 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 US Health Care Equipment & Services industry oscillator and US Health Care Equipment & Services industry RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.
US Health Care Equipment & Services industry oscillator
The US Health Care Equipment & Services industry oscillator estimated by MacroVar is the z-score of the current US Health Care Equipment & Services industry price versus US Health Care Equipment & Services industry 1-year simple moving average price. The formula for the US Health Care Equipment & Services industry oscillator is:US Health Care Equipment & Services industry oscillator = (Current Price – 250 trading days US Health Care Equipment & Services industry simple moving average price) / (250 days US Health Care Equipment & Services industry price standard deviation)
US Health Care Equipment & Services industry oversold conditions
US Health Care Equipment & Services industry is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the US Health Care Equipment & Services industry is oversold it is often due for a rebound. Values of the US Health Care Equipment & Services industry oscillator lower than -2.5 signify oversold conditions. It must be noted that the US Health Care Equipment & Services industry oscillator must be analyzed ibn conjunction with the rest of US Health Care Equipment & Services industry 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 US Health Care Equipment & Services industry RSI.
US Health Care Equipment & Services industry overbought conditions
US Health Care Equipment & Services industry is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the US Health Care Equipment & Services industry is overbought it is often due for a correction. Values of the US Health Care Equipment & Services industry oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the US Health Care Equipment & Services industry 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.
US Health Care Equipment & Services industry 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 US Health Care Equipment & Services industry is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During US Health Care Equipment & Services industry 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.
US Health Care Equipment & Services industry returns
MacroVar calculates US Health Care Equipment & Services industry returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:US Health Care Equipment & Services industry returns = (US Health Care Equipment & Services industry Closing Price – US Health Care Equipment & Services industry Previous Price)/(US Health Care Equipment & Services industry Previous Price)