Ishares Ibonds Dec 2027 Term Treasury ETF Forecast

Red day on Tuesday for Ishares Ibonds Dec 2027 Term Treasury ETF after losing 0%
(Updated on Jun 25, 2024)

IBTH Signals & Forecast

The Ishares Ibonds Dec 2027 Term Treasury 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 $22.08 and $22.00. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the ETF should be watched closely. 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 14, 2024, and so far it has fallen -0.0226%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Wednesday, June 12, 2024 in the long-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 Ibonds Dec 2027 Term Treasury ETF

Ishares Ibonds Dec 2027 Term Treasury finds support from accumulated volume at $22.00 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 $0.0200 between high and low, or 0.0906%. For the last week the ETF has had daily average volatility of 0.136%.

Our recommended stop-loss: $21.26 (-3.77%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 37 days ago.)

Trading Expectations (IBTH) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Ishares Ibonds Dec 2027 Term Treasury Etf to open at $22.09, and during the day (based on 14 day Average True Range), to move between $22.04 and $22.14, which gives a possible trading interval of +/-$0.0457 (+/-0.21%) up or down from last closing price. If Ishares Ibonds Dec 2027 Term Treasury Etf takes out the full calculated possible swing range there will be an estimated 0.41% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.10 (0.02%) than the support at $22.00 (0.41%), 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 Treasury Etf ETF A Buy?

Ishares Ibonds Dec 2027 Term 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: 0.603 Hold/Accumulate Unchanged

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

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