ISHARES 1-3 YEAR TREASURY BOND ISHARES ETF Forecast
ISHARES 1-3 YEAR TREASURY BOND ISHARES ETF price ended at $81.66 on Tuesday, after gaining 0.0122%.
(Updated on Jun 25, 2024)
The ISHARES 1-3 YEAR TREASURY BOND ISHARES ETF price gained 0.0122% on the last trading day (Tuesday, 25th Jun 2024), rising from $81.65 to $81.66. It has now gained 3 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 0.0490% from a day low at $81.63 to a day high of $81.67. The price has risen in 8 of the last 10 days and is up by 0.48% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $212.95 million.
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 1-3 YEAR TREASURY BOND ISHARES ETF with a 90% probability to be traded between $81.33 and $82.18 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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SHY Signals & Forecast
Mostly positive signals in the chart today. The ISHARES 1-3 YEAR TREASURY BOND ISHARES 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 $81.62 and $81.42. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 0.753%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The ETF had a Golden Star Signal on Tuesday, May 14, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 Tuesday, May 14, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 Tuesday, May 14, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 1-3 YEAR TREASURY BOND ISHARES ETF
ISHARES 1-3 YEAR TREASURY BOND ISHARES finds support from accumulated volume at $81.47 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 $0.0400 between high and low, or 0.0490%. For the last week the ETF has had daily average volatility of 0.0613%.
Our recommended stop-loss: $75.66 (-7.35%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 43 days ago.)
Trading Expectations (SHY) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect ISHARES 1-3 YEAR TREASURY BOND ETF ISHARES 1-3 YEAR TREASURY BOND ETF to open at $81.65, and during the day (based on 14 day Average True Range), to move between $81.56 and $81.76, which gives a possible trading interval of +/-$0.0960 (+/-0.12%) up or down from last closing price. If ISHARES 1-3 YEAR TREASURY BOND ETF ISHARES 1-3 YEAR TREASURY BOND ETF takes out the full calculated possible swing range there will be an estimated 0.24% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $81.74 (0.10%) than the support at $81.47 (0.23%), 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 1-3 YEAR TREASURY BOND ETF ISHARES 1-3 YEAR TREASURY 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 1-3 YEAR TREASURY BOND ISHARES ETF to perform well in the short-term period.
Current score: 3.677 Buy Candidate Unchanged
Predicted Opening Price for ISHARES 1-3 YEAR TREASURY BOND ETF ISHARES 1-3 YEAR TREASURY BOND ETF of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $81.65 ( 0.0082%) | $81.66 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SHY
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 81.69 | 0.0408% |
| R2 | 81.68 | 0.0221% |
| R1 | 81.67 | 0.0105% |
| Price | 81.66 | |
| S1 | 81.64 | -0.0269% |
| S2 | 81.63 | -0.0384% |
| S3 | 81.61 | -0.0571% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 81.83 | 0.208% |
| R2 | 81.78 | 0.147% |
| R1 | 81.74 | 0.0980% |
| Price | 81.66 | |
| S1 | 81.47 | -0.233% |
| S2 | 81.30 | -0.441% |
| S3 | 81.21 | -0.551% |
SHY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 30, 2024 | May 01, 2024 | May 07, 2024 | $0.262 | 0.322% |
| 2 | Apr 01, 2024 | Apr 01, 2024 | Apr 05, 2024 | $0.270 | 0.332% |
| 3 | Feb 29, 2024 | Mar 01, 2024 | Mar 07, 2024 | $0.240 | 0.294% |
| 4 | Jan 31, 2024 | Feb 01, 2024 | Feb 07, 2024 | $0.242 | 0.296% |
| 5 | Nov 30, 2023 | Dec 14, 2023 | Dec 07, 2023 | $0.260 | 0.318% |
FAQ
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