Ishares Ibonds Dec 2028 Term Treasury ETF Forecast

Ishares Ibonds Dec 2028 Term Treasury ETF upgraded to Buy Candidate.
(Updated on Jun 25, 2024)

IBTI Signals & Forecast

The Ishares Ibonds Dec 2028 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 $21.87 and $21.75. 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, June 18, 2024, and so far it has fallen -0.0457%. 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 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 2028 Term Treasury ETF

Ishares Ibonds Dec 2028 Term Treasury finds support from accumulated volume at $21.84 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 $0.0200 between high and low, or 0.0915%. For the last week the ETF has had daily average volatility of 0.156%

Our recommended stop-loss: $21.04 (-3.81%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

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

For the upcoming trading day on Wednesday, 26th we expect Ishares Ibonds Dec 2028 Term Treasury Etf to open at $21.87, and during the day (based on 14 day Average True Range), to move between $21.81 and $21.93, which gives a possible trading interval of +/-$0.0572 (+/-0.26%) up or down from last closing price. If Ishares Ibonds Dec 2028 Term Treasury 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.

Since the stock is closer to the resistance from accumulated volume at $21.88 (0.05%) than the support at $21.84 (0.14%), 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 2028 Term Treasury Etf ETF A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Ishares Ibonds Dec 2028 Term Treasury ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.474 Buy Candidate Upgraded

Predicted Opening Price for Ishares Ibonds Dec 2028 Term Treasury Etf of Wednesday, June 26, 2024

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