PIMCO 25+ YEAR ZERO ETF Forecast
PIMCO 25+ YEAR ZERO ETF price ended at $71.50 on Monday, after losing 0.223%.
(Updated on Apr 22, 2024)
The PIMCO 25+ YEAR ZERO ETF price fell by -0.223% on the last day (Monday, 22nd Apr 2024) from $71.66 to $71.50. During the last trading day the ETF fluctuated 0.788% from a day low at $71.03 to a day high of $71.59. The price has fallen in 6 of the last 10 days and is down by -4.04% for this period. Volume has increased on the last day by 34 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 147 thousand shares were bought and sold for approximately $10.54 million.
The ETF lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $70.26 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -7.11% during the next 3 months and, with a 90% probability hold a price between $65.27 and $72.53 at the end of this 3-month period.
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ZROZ Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 1.20%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The PIMCO 25+ YEAR ZERO ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $71.66 and $76.26. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for PIMCO 25+ YEAR ZERO ETF
PIMCO 25+ YEAR ZERO finds support from accumulated volume at $71.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.560 between high and low, or 0.788%. For the last week, the ETF has had daily average volatility of 1.13%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ZROZ) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND to open at $71.37, and during the day (based on 14 day Average True Range), to move between $70.27 and $72.73, which gives a possible trading interval of +/-$1.23 (+/-1.73%) up or down from last closing price. If PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND takes out the full calculated possible swing range there will be an estimated 3.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $71.40 (0.14%) than the resistance at $72.67 (1.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND ETF A Buy?
PIMCO 25+ YEAR ZERO holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -2.374 Sell Candidate Unchanged
Predicted Opening Price for PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $71.37 ( 0.177%) | $71.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZROZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 71.93 | 0.606 % | |
| R2 | 71.72 | 0.307 % | ||
| R1 | 71.59 | 0.122 % | ||
| Current price: | 71.50 | |||
| Support | S1 | 71.16 | -0.476 % | |
| S2 | 71.03 | -0.661 % | ||
| S3 | 70.81 | -0.96 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 78.31 | 9.52 % | |
| R2 | 73.31 | 2.53 % | ||
| R1 | 72.67 | 1.64 % | ||
| Current price | 71.50 | |||
| Support | S1 | 71.40 | -0.140% | |
| S2 | 71.39 | -0.154% | ||
| S3 | 70.65 | -1.19% |
ZROZ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 09, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.770 | 1.01% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.780 | 0.90% |
| 3 | Jan 31, 2023 | Oct 02, 2023 | Oct 05, 2023 | $0.710 | 1.04% |
| 4 | Jan 31, 2023 | Jul 03, 2023 | Jul 07, 2023 | $0.780 | 0.90% |
| 5 | Apr 03, 2023 | Apr 03, 2023 | Apr 03, 2023 | $0.730 | 0.764% |
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