iShares Intr Rate Hedged Corporate Bond ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
iShares Intr Rate Hedged Corporate Bond ETF price up 0.139% on Friday
(Updated on May 17, 2024)
The iShares Intr Rate Hedged Corporate Bond ETF price gained 0.139% on the last trading day (Friday, 17th May 2024), rising from $93.85 to $93.98. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.112% from a day low at $93.88 to a day high of $93.98. The price has risen in 5 of the last 10 days and is up by 0.28% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 12 thousand shares were bought and sold for approximately $1.12 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 Intr Rate Hedged Corporate Bond ETF with a 90% probability to be traded between $93.36 and $94.51 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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LQDH Signals & Forecast
There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Wednesday, May 01, 2024, and so far it has fallen -0.128%. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The iShares Intr Rate Hedged Corporate Bond 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 $93.73 and $93.67. A breakdown below any of these levels will issue sell signals. The ETF had a Golden Star Signal on Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, November 13, 2023.
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 Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, November 13, 2023.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 Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, November 13, 2023.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.
A sell signal from a double top formation was found on Wednesday, May 01, 2024 and based on theory for this formation the price should fall by -1.68% to $92.40 within 24 trading days since signal was issued (Monday, May 20, 2024).
Support, Risk & Stop-loss for iShares Intr Rate Hedged Corporate Bond ETF
iShares Intr Rate Hedged Corporate Bond finds support from accumulated volume at $93.89 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 $0.105 between high and low, or 0.112%. For the last week the ETF has had daily average volatility of 0.114%
Our recommended stop-loss: $88.59 (-5.74%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)
Trading Expectations (LQDH) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect iShares Interest Rate Hedged Corporate Bond ETF to open at $93.95, and during the day (based on 14 day Average True Range), to move between $93.78 and $94.18, which gives a possible trading interval of +/-$0.196 (+/-0.21%) up or down from last closing price. If iShares Interest Rate Hedged Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 0.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $94.01 (0.03%) than the support at $93.89 (0.10%), 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 Interest Rate Hedged Corporate Bond 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 Intr Rate Hedged Corporate Bond ETF to perform well in the short-term period.
Current score: 1.714 Buy Candidate Unchanged
Predicted Opening Price for iShares Interest Rate Hedged Corporate Bond ETF of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $93.95 ( 0.0372%) | $93.98 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LQDH
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 94.05 | 0.0745 % | |
| R2 | 94.01 | 0.0318 % | ||
| R1 | 93.99 | 0.0054 % | ||
| Current price: | 93.98 | |||
| Support | S1 | 93.90 | -0.0799 % | |
| S2 | 93.88 | -0.106 % | ||
| S3 | 93.84 | -0.149 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 94.10 | 0.128 % | |
| R2 | 94.07 | 0.0958 % | ||
| R1 | 94.01 | 0.0319 % | ||
| Current price | 93.98 | |||
| Support | S1 | 93.89 | -0.0958% | |
| S2 | 93.83 | -0.160% | ||
| S3 | 93.65 | -0.351% |
LQDH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 08, 2024 | $0.639 | 0.683% |
| 2 | Nov 23, 2023 | Apr 02, 2024 | Apr 08, 2024 | $0.574 | 0.612% |
| 3 | Nov 23, 2023 | Mar 04, 2024 | Mar 08, 2024 | $0.606 | 0.650% |
| 4 | Nov 23, 2023 | Feb 02, 2024 | Feb 08, 2024 | $0.665 | 0.714% |
| 5 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.795 | 0.86% |
FAQ
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