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Ishares Ibonds Dec 2027 Term Muni Bond ETF Forecast

$25.03
-0.0100 (-0.0399%)
At Close: Jun 25, 2024
RSI low/high Values: [ 25 - 70 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Ishares Ibonds Dec 2027 Term Muni Bond ETF price ended at $25.03 on Tuesday, after losing 0.0399%.
(Updated on Jun 25, 2024)

Hold candidate since May 23, 2024 Gain 0.58% PDF

The Ishares Ibonds Dec 2027 Term Muni Bond ETF price fell by -0.0399% on the last day (Tuesday, 25th Jun 2024) from $25.04 to $25.03. During the last trading day the ETF fluctuated 0.1000% from a day low at $25.01 to a day high of $25.03. The price has fallen in 6 of the last 10 days but is still up by 0.48% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -24 thousand shares and in total, 50 thousand shares were bought and sold for approximately $1.25 million.

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 Ishares Ibonds Dec 2027 Term Muni Bond ETF with a 90% probability to be traded between $25.21 and $25.31 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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IBMP Signals & Forecast

The Ishares Ibonds Dec 2027 Term Muni Bond ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $25.03. On a fall, the ETF will find some support from the long-term average at approximately $24.94. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Friday, June 21, 2024, and so far it has fallen -0.120%. 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.

Support, Risk & Stop-loss for Ishares Ibonds Dec 2027 Term Muni Bond ETF

Ishares Ibonds Dec 2027 Term Muni Bond finds support from accumulated volume at $24.90 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 $0.0250 between high and low, or 0.1000%. For the last week the ETF has had daily average volatility of 0.166%

Our recommended stop-loss: $24.12 (-3.63%) (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 (IBMP) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Ishares Ibonds Dec 2027 Term Muni Bond Etf to open at $25.02, and during the day (based on 14 day Average True Range), to move between $24.98 and $25.08, which gives a possible trading interval of +/-$0.0471 (+/-0.19%) up or down from last closing price. If Ishares Ibonds Dec 2027 Term Muni Bond Etf takes out the full calculated possible swing range there will be an estimated 0.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.04 (0.04%) than the support at $24.90 (0.52%), 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 Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF A Buy?

Ishares Ibonds Dec 2027 Term Muni Bond 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: 0.306 Hold/Accumulate Unchanged

Predicted Opening Price for Ishares Ibonds Dec 2027 Term Muni Bond Etf of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$25.02 ( 0.0333%) $25.03

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

Trading levels for IBMP

Fibonacci Support & Resistance Levels

Level Price
R3 25.05 0.0666%
R2 25.04 0.0284%
R1 25.03 0.0049%
Price 25.03
S1 25.01 -0.0714%
S2 25.01 -0.0950%
S3 25.00 -0.133%

Accumulated Volume Support & Resistance Levels

Level Price
R3 25.06 0.120%
R2 25.05 0.0799%
R1 25.04 0.0400%
Price 25.03
S1 24.90 -0.519%
S2 24.86 -0.679%
S3 24.83 -0.799%

IBMP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2024 May 01, 2024 May 07, 2024 $0.0489 0.195%
2 Mar 28, 2024 Apr 01, 2024 Apr 05, 2024 $0.0474 0.190%
3 Mar 01, 2024 Mar 01, 2024 Mar 07, 2024 $0.0504 0.199%
4 Feb 01, 2024 Feb 01, 2024 Feb 07, 2024 $0.0446 0.177%
5 Dec 14, 2023 Dec 14, 2023 Dec 20, 2023 $0.0472 0.186%

FAQ

What is the symbol for Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF and on which exchange is it traded?
The symbol for Ishares Ibonds Dec 2027 Term Muni Bond Etf is IBMP and it is traded on the BATS (BATS Global Markets).

Should I buy or sell Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF?
Ishares Ibonds Dec 2027 Term Muni Bond 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.

How to buy Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF?
Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF.

What's the current price of Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF?
As of the end of day on the Jun 25, 2024, the price of an Ishares Ibonds Dec 2027 Term Muni Bond Etf (IBMP) share was $25.03.

What is the 52-week high and low for Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF?
The 52-week high for Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF is $25.06 and the 52-week low is $24.81.

What is the market capitalization of Ishares Ibonds Dec 2027 Term Muni Bond Etf ETF?
As of the Jun 25, 2024, the market capitalization of Ishares Ibonds Dec 2027 Term Muni Bond Etf is 423.661M.
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