Invesco BulletShares 2025 High Yield ETF Forecast
Invesco BulletShares 2025 High Yield ETF price up 0.0872% on Tuesday
(Updated on Jul 02, 2024)
The Invesco BulletShares 2025 High Yield ETF price gained 0.0872% on the last trading day (Tuesday, 2nd Jul 2024), rising from $22.94 to $22.96. During the last trading day the ETF fluctuated 0.185% from a day low at $22.92 to a day high of $22.96. The price has been going up and down for this period, and there has been a -0.39% loss for the last 2 weeks. Volume fell on the last day by -54 thousand shares and in total, 289 thousand shares were bought and sold for approximately $6.65 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 is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Invesco BulletShares 2025 High Yield ETF with a 90% probability to be traded between $23.00 and $23.20 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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BSJP Signals & Forecast
There are mixed signals in the ETF today. The Invesco BulletShares 2025 High Yield 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 $22.98. On a fall, the ETF will find some support from the short-term average at $22.93. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, June 28, 2024, and so far it has risen 0.218%. Further rise is indicated until a new top pivot has been found. 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. The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star
The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
A buy signal from a double bottom formation was found on Friday, June 28, 2024 and based on theory for this formation the price should go up by 0.550% to $23.09 within 24 trading days since signal was issued (Friday, August 02, 2024).
Support, Risk & Stop-loss for Invesco BulletShares 2025 High Yield ETF
Invesco BulletShares 2025 High Yield finds support from accumulated volume at $22.94 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 $0.0425 between high and low, or 0.185%. For the last week the ETF has had daily average volatility of 0.196%.
Our recommended stop-loss: $21.13 (-7.99%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (BSJP) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Invesco BulletShares 2025 High Yield Corporate Bond ETF to open at $22.95, and during the day (based on 14 day Average True Range), to move between $22.91 and $23.01, which gives a possible trading interval of +/-$0.0531 (+/-0.23%) up or down from last closing price. If Invesco BulletShares 2025 High Yield Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 0.46% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $22.94 (0.09%) than the resistance at $22.99 (0.13%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Invesco BulletShares 2025 High Yield Corporate Bond ETF ETF A Buy?
Invesco BulletShares 2025 High Yield 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: 0.839 Hold/Accumulate Unchanged
Predicted Opening Price for Invesco BulletShares 2025 High Yield Corporate Bond ETF of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $22.95 ( 0.0617%) | $22.96 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BSJP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 22.99 | 0.123% |
| R2 | 22.97 | 0.0527% |
| R1 | 22.96 | 0.0090% |
| Price | 22.96 | |
| S1 | 22.93 | -0.132% |
| S2 | 22.92 | -0.176% |
| S3 | 22.90 | -0.247% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 23.04 | 0.348% |
| R2 | 23.00 | 0.174% |
| R1 | 22.99 | 0.131% |
| Price | 22.96 | |
| S1 | 22.94 | -0.0871% |
| S2 | 22.92 | -0.174% |
| S3 | 22.91 | -0.218% |
BSJP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 20, 2024 | May 24, 2024 | $0.110 | 0.479% |
| 2 | Apr 22, 2024 | Apr 22, 2024 | Apr 26, 2024 | $0.109 | 0.478% |
| 3 | Mar 18, 2024 | Mar 18, 2024 | Mar 22, 2024 | $0.108 | 0.472% |
| 4 | Feb 20, 2024 | Feb 20, 2024 | Feb 23, 2024 | $0.125 | 0.548% |
| 5 | Jan 22, 2024 | Jan 22, 2024 | Jan 26, 2024 | $0.162 | 0.709% |
FAQ
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