PIMCO 15+ Year U.S. TIPS Index ETF Forecast
PIMCO 15+ Year U.S. TIPS Index ETF downgraded to Sell Candidate
(Updated on Apr 26, 2024)
The PIMCO 15+ Year U.S. TIPS Index ETF price gained 0.82% on the last trading day (Friday, 26th Apr 2024), rising from $52.29 to $52.72. During the last trading day the ETF fluctuated 0.475% from a day low at $52.61 to a day high of $52.86. The price has fallen in 7 of the last 10 days and is down by -1.09% for this period. Volume fell on the last day by -66 thousand shares and in total, 109 thousand shares were bought and sold for approximately $5.75 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 lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -4.96% during the next 3 months and, with a 90% probability hold a price between $49.28 and $52.10 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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LTPZ Signals & Forecast
There are mixed signals in the ETF today. The PIMCO 15+ Year U.S. TIPS Index ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $54.01. On a fall, the ETF will find some support from the short-term average at $52.56. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.96%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.
Support, Risk & Stop-loss for PIMCO 15+ Year U.S. TIPS Index ETF
PIMCO 15+ Year U.S. TIPS Index finds support from accumulated volume at $52.65 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 $0.250 between high and low, or 0.475%. For the last week the ETF has had daily average volatility of 0.741%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LTPZ) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund to open at $52.73, and during the day (based on 14 day Average True Range), to move between $52.17 and $53.27, which gives a possible trading interval of +/-$0.547 (+/-1.04%) up or down from last closing price. If PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund takes out the full calculated possible swing range there will be an estimated 2.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $52.65 (0.13%) than the resistance at $52.93 (0.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund ETF A Buy?
PIMCO 15+ Year U.S. TIPS Index holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -2.151 Sell Candidate Downgraded
Predicted Opening Price for PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $52.73 ( 0.0190%) | $52.72 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LTPZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 52.98 | 0.493 % | |
| R2 | 52.88 | 0.312 % | ||
| R1 | 52.83 | 0.200 % | ||
| Current price: | 52.72 | |||
| Support | S1 | 52.63 | -0.162 % | |
| S2 | 52.58 | -0.274 % | ||
| S3 | 52.48 | -0.455 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 57.17 | 8.44 % | |
| R2 | 53.23 | 0.97 % | ||
| R1 | 52.93 | 0.398 % | ||
| Current price | 52.72 | |||
| Support | S1 | 52.65 | -0.133% | |
| S2 | 52.61 | -0.209% | ||
| S3 | 52.22 | -0.95% |
LTPZ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 11, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.280 | 0.513% |
| 2 | Dec 01, 2023 | Dec 01, 2023 | Dec 01, 2023 | $0.170 | 0.314% |
| 3 | Jan 30, 2023 | Nov 01, 2023 | Nov 06, 2023 | $0.290 | 0.555% |
| 4 | Jul 31, 2023 | Aug 01, 2023 | Aug 04, 2023 | $0.150 | 0.264% |
| 5 | Jan 30, 2023 | Jul 03, 2023 | Jul 07, 2023 | $0.360 | 0.624% |
FAQ
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