Invesco BulletShares 2025 High Yield ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Invesco BulletShares 2025 High Yield ETF price ended at $23.00 on Wednesday, after losing 0%.
(Updated on May 08, 2024)
No changes to the price of Invesco BulletShares 2025 High Yield ETF on the last trading day (Wednesday, 8th May 2024). During the last trading day the ETF fluctuated 0.172% from a day low at $22.96 to a day high of $23.00. The price has risen in 6 of the last 10 days and is up by 0.52% over the past 2 weeks.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $23.00 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Invesco BulletShares 2025 High Yield ETF with a 90% probability to be traded between $22.89 and $23.06 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
BSJP Signals & Forecast
The Invesco BulletShares 2025 High Yield ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $22.96 and $22.92. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 07, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The ETF had a Golden Star Signal on Thursday, May 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 02, 2023.
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 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 02, 2023.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 12 Months
The ETF had a Golden Star Signal on Thursday, May 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, June 02, 2023.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.
Support, Risk & Stop-loss for Invesco BulletShares 2025 High Yield ETF
Invesco BulletShares 2025 High Yield finds support from accumulated volume at $22.95 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 $0.0394 between high and low, or 0.172%. For the last week the ETF has had daily average volatility of 0.243%.
Our recommended stop-loss: $21.67 (-5.79%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (BSJP) For The Upcoming Trading Day Of Thursday 9th
For the upcoming trading day on Thursday, 9th we expect Invesco BulletShares 2025 High Yield Corporate Bond ETF to open at $22.99, and during the day (based on 14 day Average True Range), to move between $22.94 and $23.06, which gives a possible trading interval of +/-$0.0595 (+/-0.26%) 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 0.52% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $22.95, some $0.0500 (0.22%) from the current price of $23.00, our system finds the risk reward attractive.
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: 0.628 Hold/Accumulate Unchanged
Predicted Opening Price for Invesco BulletShares 2025 High Yield Corporate Bond ETF of Thursday, May 9, 2024
| Fair opening price May 9, 2024 | Current price |
|---|---|
| $22.99 ( 0.0571%) | $23.00 |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 23.03 | 0.114 % | |
| R2 | 23.01 | 0.0488 % | ||
| R1 | 23.00 | 0.0083 % | ||
| Current price: | 23.00 | |||
| Support | S1 | 22.97 | -0.123 % | |
| S2 | 22.96 | -0.163 % | ||
| S3 | 22.95 | -0.228 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 23.00 | |||
| Support | S1 | 22.95 | -0.217% | |
| S2 | 22.94 | -0.261% | ||
| S3 | 22.91 | -0.391% |
BSJP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 22, 2024 | Apr 22, 2024 | Apr 26, 2024 | $0.109 | 0.478% |
| 2 | Mar 18, 2024 | Mar 18, 2024 | Mar 22, 2024 | $0.108 | 0.472% |
| 3 | Feb 20, 2024 | Feb 20, 2024 | Feb 23, 2024 | $0.125 | 0.548% |
| 4 | Jan 22, 2024 | Jan 22, 2024 | Jan 26, 2024 | $0.162 | 0.709% |
| 5 | Dec 18, 2023 | Dec 18, 2023 | Dec 22, 2023 | $0.219 | 0.96% |
FAQ
Click here for our free guide on how to buy Invesco BulletShares 2025 High Yield Corporate Bond ETF ETF.
