Taiwan 5-Year Bond Yield

Taiwan 5-Year Bond Yield closed down by -5.66% to 0.25 on 23 January 2021 and +-3.85% on a weekly basis. Taiwan 5-Year Bond Yield momentum was last calculated at -50.0/100 indicating negative momentum. Taiwan 5-Year Bond Yield trend is -50.0/100 indicating a negative trend. Taiwan 5-Year Bond Yield momentum exhaustion is -1.42214 indicating Taiwan 5-Year Bond Yield is oversold.Taiwan 5-Year Bond Yield RSI is 50.306 .

Taiwan 5-Year Bond Yield Chart

Taiwan 5-Year Bond Yield

Taiwan 5-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Taiwan 5-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 Taiwan 5-Year Bond Yield trading signals presented in the Taiwan 10-Year Bond Yield statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Taiwan 5-Year Bond YieldTW.5Y0.25-0.5-0.5-1.4221450.306-5.66-3.85-3.85-0.53383

Taiwan 5-Year Bond Yield closed at 0.25 on 23 January 2021. Taiwan 5-Year Bond Yield trend was last calculated at -50.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Taiwan 5-Year Bond Yield momentum was last calculated at -50.0/100 (range: -100 to +100) indicating negative momentum. Taiwan 5-Year Bond Yield momentum exhaustion is -1.42214 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Taiwan 5-Year Bond Yield is oversold and a possible reversal is imminent. Taiwan 5-Year Bond Yield RSI was last calculated at 50.306. Taiwan 5-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 0.3118 in an uptrend , 1-quarter moving average: 0.30952 in a downtrend and 1-year moving average: 0.45108 in a downtrend. Taiwan 5-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -5.66%, and weekly return was last recorded at -3.85%. Taiwan 5-Year Bond Yield histrorical 20-day volatility was last recorded at 70.4256%, Taiwan 5-Year Bond Yield alpha None, Taiwan 5-Year Bond Yield beta None and Taiwan 5-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Taiwan 5-Year Bond Yield statistics based on historical data since 1970.

Taiwan 5-Year Bond Yield News

Taiwan Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
Taiwan Weighted IndexTWII17458.8112.3167183.2422-2.170.7-0.650.2789
Taiwan ETFEWT63.78112.3520476.9582-1.572.75-2.240.34665
Taiwan Dollar US Dollar (TWD/USD)TWDUSD 28.01-0.5-1-2.0451132.45120.10.150.5-0.06218
Taiwan 2-year bond yieldTW.2Y0.17-0.5-0.25-0.8317151.754106.2530.77-0.74757
Taiwan Yield CurveTW.YC0.24-0.5-0.5-0.3534449.5833-4-15.79-15.790.16129

Taiwan Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade5144.956155.87-0.164220.0653416-1.01.00.4833332021-06-30
bank lending rate2.4412.447-0.00245198-0.0739757-1.0-1.00.06666672020-07-31
banks balance sheet51419300511935000.004410720.09561751.01.00.9666672021-05-31
capital flows2646930052-0.1192270.3604541.01.00.5666672020-11-01
car registrations22435.322423.30.0005351580.01171111.01.00.9666672021-06-30
central bank balance sheet18647300185848000.003362960.1195281.01.00.9166672021-06-30
consumer confidence70.4870.4800.0151231-1.01.00.72021-07-31
consumer price index cpi104.14103.910.002213450.01888271.01.00.92021-06-30
core inflation rate1.351.040.298077261.01.012021-04-30
current account2596027330-0.05012810.1875571.01.00.4333332021-01-01
current account to gdp9.510.5-0.09523810.376812-1.01.002019-02-28
exports3665337410.2-0.02024050.3512231.01.00.952021-06-30
external debt2092231898730.101910.08811061.01.00.3333332020-07-01
fiscal expenditure3331.213075.80.08303860.2472241.01.002020-02-29
foreign direct investment431.22338.020.275723-0.0490241-1.0-1.00.4833332021-05-31
foreign exchange reserves5432.825429.780.0005598750.1117111.01.00.9166672021-06-30
gdp610.7608.10.004275610.500861.01.002019-01-01
Real GDP526861050972500.03361810.2608011.01.012021-01-01
gdp growth3.051.421.147892.67471.01.00.9333332021-01-01
gdp growth annual8.928.160.09313731.608191.01.00.9666672021-04-01
gold reserves423.63422.70.0022001401.0-1.00.4916672020-05-01
government budget-4.5-1.32.461544-1.0-1.002019-02-28
Government budget-226.92-244.2-0.0707617-1.32238-1.0-1.002018-01-31
government debt to gdp28.229.3-0.03754270.0180505-1.01.002019-01-31
government revenues2875.412942.28-0.02272730.3604071.01.002020-02-29
housing index329.17296.480.110260.1617491.01.00.42020-07-01
imports3150831254.30.008117280.4131431.01.00.9666672021-06-30
industrial production16.5114.10.1709228.654971.01.00.9833332021-05-31
industrial production mom2.25-0.9-3.5-6.6251.01.00.052021-05-31
inflation cpi1.892.48-0.237903-3.521.01.00.12021-06-30
interbank rate0.480.48001.0-1.00.5083332021-06-02
interest rate1.1251.375-0.181818-0.181818-1.0-1.00.01666672020-03-19
loan growth7.576.950.08920860.2369281.01.00.62021-05-31
loans to private sector13043100127966000.01926290.06638811.01.00.7833332021-05-31
manufacturing pmi57.662-0.07096770.246753-1.01.00.9666672021-06-30
money supply m0247018024657500.001796610.1120171.01.00.92021-05-31
money supply m1928790091790000.0118640.1985781.01.00.952021-05-31
money supply m251455800511373000.006228330.09209961.01.012021-05-31
Producer Price Index102.63102.090.005289450.1073591.01.00.9833332021-06-30
PPI Index10.7411.33-0.0520741-2.041711.01.00.2166672021-06-30
retail sales MoM-5.780.7-9.25714-1.6881-1.0-1.00.1833332021-05-31
retail sales2.818.27-0.846743-1.48951-1.01.00.352021-05-31
unemployment rate4.153.710.118598-0.002403851.0-1.00.4166672021-05-31
youth unemployment rate12.5811.690.07613340.07890221.01.012021-05-31

Taiwan 5-Year Bond Yield Trading Signals

MacroVar estimates the following signals: Taiwan 5-Year Bond Yield momentum, Taiwan 5-Year Bond Yield trend, Taiwan 5-Year Bond Yield oscillator, Taiwan 5-Year Bond Yield RSI and Taiwan 5-Year Bond Yield returns.

Taiwan 5-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.

MacroVarTaiwan 5-Year Bond Yield momentum signal ranges from -100 to +100. The Taiwan 5-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Baltic Dry Index. 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. Taiwan 5-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. Taiwan 5-Year Bond Yield BADI momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Taiwan 5-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Taiwan 5-Year Bond Yield trend

Taiwan 5-Year Bond Yield trend signal ranges from -100 to +100. Taiwan 5-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. Taiwan 5-Year Bond Yield Closing price vs Taiwan 5-Year Bond Yield moving average (MA) calculation: If Taiwan 5-Year Bond Yield is greater than Taiwan 5-Year Bond Yield MA value is +1, else -1, 2. Taiwan 5-Year Bond Yield Moving average slope calculation: if current Taiwan 5-Year Bond Yield moving average is higher than the previous MA, Taiwan 5-Year Bond Yield upward slope +1, else -1
Taiwan 5-Year Bond Yield trend model can be used as a trend strength indicator. Taiwan 5-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 Taiwan 5-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Taiwan 5-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Taiwan 5-Year Bond Yield is in an uptrend when Taiwan 5-Year Bond Yield price is higher than the 52-week moving average and the Taiwan 5-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 Taiwan 5-Year Bond Yield oscillator and Taiwan 5-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Taiwan 5-Year Bond Yield oscillator

The Taiwan 5-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Taiwan 5-Year Bond Yield price versus Taiwan 5-Year Bond Yield 1-year simple moving average price. The formula for the Taiwan 5-Year Bond Yield oscillator is:
Taiwan 5-Year Bond Yield oscillator = (Current Price – 250 trading days Taiwan 5-Year Bond Yield simple moving average price) / (250 days Taiwan 5-Year Bond Yield price standard deviation)

Taiwan 5-Year Bond Yield oversold conditions
Taiwan 5-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Taiwan 5-Year Bond Yield is oversold it is often due for a rebound. Values of the Taiwan 5-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Taiwan 5-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Taiwan 5-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 Taiwan 5-Year Bond Yield RSI.
Taiwan 5-Year Bond Yield overbought conditions
Taiwan 5-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Taiwan 5-Year Bond Yield is overbought it is often due for a correction. Values of the Taiwan 5-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 Taiwan 5-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.

Taiwan 5-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 Taiwan 5-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Taiwan 5-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.

Taiwan 5-Year Bond Yield returns

MacroVar calculates Taiwan 5-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Taiwan 5-Year Bond Yield returns = (Taiwan 5-Year Bond Yield Closing Price – Taiwan 5-Year Bond Yield Previous Price)/(Taiwan 5-Year Bond Yield Previous Price)

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