iShares Edge U.S. Fixed Income Balanced ETF Forecast

iShares Edge U.S. Fixed Income Balanced ETF price ended at $85.65 on Friday, after losing 0.0621%.
(Updated on May 17, 2024)

FIBR Signals & Forecast

The iShares Edge U.S. Fixed Income Balanced 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 $85.53 and $85.14. 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 Wednesday, May 15, 2024, and so far it has fallen -0.306%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The ETF had a Golden Star Signal on Monday, March 18, 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 iShares Edge U.S. Fixed Income Balanced ETF

iShares Edge U.S. Fixed Income Balanced finds support from accumulated volume at $85.61 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.0401 between high and low, or 0.0468%. For the last week the ETF has had daily average volatility of 0.0992%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FIBR) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect iShares Edge U.S. Fixed Income Balanced Risk ETF to open at $85.64, and during the day (based on 14 day Average True Range), to move between $85.43 and $85.86, which gives a possible trading interval of +/-$0.214 (+/-0.25%) up or down from last closing price. If iShares Edge U.S. Fixed Income Balanced Risk ETF takes out the full calculated possible swing range there will be an estimated 0.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $85.61 (0.04%) than the resistance at $85.70 (0.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is iShares Edge U.S. Fixed Income Balanced Risk ETF ETF A Buy?

iShares Edge U.S. Fixed Income Balanced holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.064 Sell Candidate Unchanged

Predicted Opening Price for iShares Edge U.S. Fixed Income Balanced Risk ETF of Monday, May 20, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.