iShares Short-Term Corporate Bond ETF Forecast

Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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iShares Short-Term Corporate Bond ETF upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session
(Updated on Feb 11, 2025)
No changes to the price of iShares Short-Term Corporate Bond ETF on the last trading day (Tuesday, 11th Feb 2025). During the last trading day the ETF fluctuated 0.0772% from a day low at $51.81 to a day high of $51.85. The price has been going up and down for this period, and there has been a -0.31% loss for the last 2 weeks.
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 Short-Term Corporate Bond ETF with a 90% probability to be traded between $51.41 and $52.00 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 ETF seldom manage to go directly from the bottom of a trend up to the top. ETF turning up in the middle of a horizontal trend are therefore considered to be potential runners.

IGSB Signals & Forecast
The iShares Short-Term Corporate 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 ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $51.85. On a fall, the ETF will find some support from the long-term average at approximately $51.76. 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. 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, January 31, 2025, and so far it has fallen -0.346%. 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 Thursday, January 16, 2025 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 31, 2024.
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 Thursday, January 16, 2025 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 31, 2024.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 12 Months
The ETF had a Golden Star Signal on Thursday, January 16, 2025 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 31, 2024.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 Short-Term Corporate Bond ETF
iShares Short-Term Corporate Bond finds support from accumulated volume at $51.79 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 ETF. During the last day, the ETF moved $0.0400 between high and low, or 0.0772%. For the last week the ETF has had daily average volatility of 0.108%.
Our recommended stop-loss: $49.74 (-4.05%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (IGSB) For The Upcoming Trading Day Of Wednesday 12th
For the upcoming trading day on Wednesday, 12th we expect iShares Short-Term Corporate Bond ETF to open at $51.83, and during the day (based on 14 day Average True Range), to move between $51.74 and $51.94, which gives a possible trading interval of +/-$0.0961 (+/-0.19%) up or down from last closing price. If iShares Short-Term Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 0.37% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $51.79 (0.10%) than the resistance at $51.97 (0.25%), 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 Short-Term Corporate Bond ETF ETF A Buy?
iShares Short-Term Corporate 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score:
-0.205
Hold/Accumulate
Upgraded
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Predicted Fair Opening Price
Predicted fair opening price on February 12, 2025 - $51.83 ( 0.0129%).IGSB Performance
Trading levels for IGSB
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 51.87 | 0.0643% |
R2 | 51.86 | 0.0348% |
R1 | 51.85 | 0.0166% |
Price | 51.84 | |
S1 | 51.82 | -0.0423% |
S2 | 51.81 | -0.0605% |
S3 | 51.79 | -0.0900% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 52.05 | 0.405% |
R2 | 52.00 | 0.309% |
R1 | 51.97 | 0.251% |
Price | 51.84 | |
S1 | 51.79 | -0.0965% |
S2 | 51.70 | -0.270% |
S3 | 51.69 | -0.289% |
IGSB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 30, 2024 | May 01, 2024 | May 07, 2024 | $0.165 | 0.323% |
2 | Mar 28, 2024 | Apr 01, 2024 | Apr 05, 2024 | $0.165 | 0.324% |
3 | Feb 29, 2024 | Mar 01, 2024 | Mar 07, 2024 | $0.162 | 0.317% |
4 | Jan 31, 2024 | Feb 01, 2024 | Feb 07, 2024 | $0.152 | 0.296% |
5 | Nov 30, 2023 | Dec 14, 2023 | Dec 07, 2023 | $0.163 | 0.321% |
FAQ
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