Vanguard Extended Duration Treasury ETF Forecast
Green day on Wednesday for Vanguard Extended Duration Treasury
(Updated on Mar 27, 2024)
The Vanguard Extended Duration Treasury ETF price gained 1.16% on the last trading day (Wednesday, 27th Mar 2024), rising from $75.54 to $76.42. During the last trading day the ETF fluctuated 1.12% from a day low at $75.60 to a day high of $76.45. The price has risen in 6 of the last 10 days and is up by 0.18% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 394 thousand more shares were traded than the day before. In total, 646 thousand shares were bought and sold for approximately $49.35 million.
The ETF lies in the middle of a 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 -4.01% during the next 3 months and, with a 90% probability hold a price between $69.05 and $74.91 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
EDV Signals & Forecast
The Vanguard Extended Duration Treasury ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $75.20 and $75.45. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Wednesday, March 06, 2024, and so far it has fallen -2.10%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Monday, March 25, 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 Monday, March 25, 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.
Support, Risk & Stop-loss for Vanguard Extended Duration Treasury ETF
Vanguard Extended Duration Treasury finds support from accumulated volume at $76.03 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 $0.85 between high and low, or 1.12%. For the last week the ETF has had daily average volatility of 0.86%.
Our recommended stop-loss: $73.05 (-4.41%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (EDV) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Vanguard Extended Duration Treasury Index Fund ETF Shares to open at $76.16, and during the day (based on 14 day Average True Range), to move between $75.43 and $77.41, which gives a possible trading interval of +/-$0.99 (+/-1.30%) up or down from last closing price. If Vanguard Extended Duration Treasury Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 2.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $76.03 (0.51%) than the resistance at $77.91 (1.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vanguard Extended Duration Treasury Index Fund ETF Shares ETF A Buy?
Vanguard Extended Duration Treasury 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: 0.715 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Extended Duration Treasury Index Fund ETF Shares of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$76.16 ( 0.345%) | $76.42 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EDV
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 77.01 | 0.768 % | |
R2 | 76.68 | 0.343 % | ||
R1 | 76.48 | 0.0803 % | ||
Current price: | 76.42 | |||
Support | S1 | 75.83 | -0.769 % | |
S2 | 75.63 | -1.03 % | ||
S3 | 75.31 | -1.46 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 80.71 | 5.61 % | |
R2 | 78.89 | 3.23 % | ||
R1 | 77.91 | 1.95 % | ||
Current price | 76.42 | |||
Support | S1 | 76.03 | -0.510% | |
S2 | 75.95 | -0.615% | ||
S3 | 75.38 | -1.36% |
EDV Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.737 | 0.91% |
2 | Mar 15, 2023 | Oct 02, 2023 | Oct 05, 2023 | $1.47 | 2.23% |
3 | Mar 15, 2023 | Jul 03, 2023 | Jul 07, 2023 | $0.726 | 0.88% |
4 | Mar 15, 2023 | Apr 03, 2023 | Apr 06, 2023 | $0.674 | 0.729% |
5 | Dec 21, 2022 | Dec 23, 2022 | Dec 29, 2022 | $0.691 | 0.82% |
FAQ
Click here for our free guide on how to buy Vanguard Extended Duration Treasury Index Fund ETF Shares ETF.