Vanguard Total Bond Market Index Fund ETF Forecast
Green day on Thursday for Vanguard Total Bond Market Index Fund
(Updated on May 02, 2024)
The Vanguard Total Bond Market Index Fund ETF price gained 0.396% on the last trading day (Thursday, 2nd May 2024), rising from $70.71 to $70.99. During the last trading day the ETF fluctuated 0.524% from a day low at $70.65 to a day high of $71.02. The price has risen in 7 of the last 10 days and is up by 0.41% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 6 million shares were bought and sold for approximately $426.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -2.43% during the next 3 months and, with a 90% probability hold a price between $68.49 and $70.23 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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BND Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.624%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vanguard Total Bond Market Index Fund ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $71.50. On a fall, the ETF will find some support from the short-term average at $70.77. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.
Support, Risk & Stop-loss for Vanguard Total Bond Market Index Fund ETF
Vanguard Total Bond Market Index Fund finds support from accumulated volume at $70.79 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.370 between high and low, or 0.524%. For the last week the ETF has had daily average volatility of 0.374%.
Our recommended stop-loss: $67.10 (-5.48%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (BND) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Vanguard Total Bond Market Index Fund ETF Shares to open at $70.89, and during the day (based on 14 day Average True Range), to move between $70.66 and $71.32, which gives a possible trading interval of +/-$0.328 (+/-0.46%) up or down from last closing price. If Vanguard Total Bond Market Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 0.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $71.04 (0.07%) than the support at $70.79 (0.28%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Vanguard Total Bond Market Index Fund ETF Shares ETF A Buy?
Vanguard Total Bond Market Index Fund holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.100 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Total Bond Market Index Fund ETF Shares of Friday, May 3, 2024
Fair opening price May 3, 2024 | Current price |
---|---|
$70.89 ( 0.146%) | $70.99 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BND
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 71.26 | 0.376 % | |
R2 | 71.12 | 0.177 % | ||
R1 | 71.03 | 0.0535 % | ||
Current price: | 70.99 | |||
Support | S1 | 70.75 | -0.345 % | |
S2 | 70.66 | -0.468 % | ||
S3 | 70.52 | -0.667 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 72.67 | 2.37 % | |
R2 | 72.15 | 1.63 % | ||
R1 | 71.04 | 0.0704 % | ||
Current price | 70.99 | |||
Support | S1 | 70.79 | -0.282% | |
S2 | 70.73 | -0.366% | ||
S3 | 70.55 | -0.620% |
BND Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 29, 2024 | May 01, 2024 | May 06, 2024 | $0.214 | 0.301% |
2 | Mar 27, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.216 | 0.300% |
3 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.202 | 0.278% |
4 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.212 | 0.291% |
5 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.211 | 0.286% |
FAQ
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