iShares 0-5 Year TIPS Bond ETF Forecast

iShares 0-5 Year TIPS Bond ETF upgraded to Buy Candidate.
(Updated on May 02, 2024)

STIP Signals & Forecast

The iShares 0-5 Year TIPS Bond ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $99.12 and $99.22. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Wednesday, May 01, 2024, and so far it has risen 0.223%. 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. The ETF had a Golden Star Signal on Thursday, February 29, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, November 15, 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.

Support, Risk & Stop-loss for iShares 0-5 Year TIPS Bond ETF

iShares 0-5 Year TIPS Bond finds support from accumulated volume at $98.87 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 $0.225 between high and low, or 0.228%. For the last week the ETF has had daily average volatility of 0.174%.

Our recommended stop-loss: $91.36 (-7.64%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (STIP) For The Upcoming Trading Day Of Friday 3rd

For the upcoming trading day on Friday, 3rd we expect iShares 0-5 Year TIPS Bond ETF to open at $98.85, and during the day (based on 14 day Average True Range), to move between $98.71 and $99.11, which gives a possible trading interval of +/-$0.198 (+/-0.20%) up or down from last closing price. If iShares 0-5 Year TIPS Bond ETF takes out the full calculated possible swing range there will be an estimated 0.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $98.87 (0.04%) than the resistance at $99.18 (0.27%), 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 0-5 Year TIPS Bond ETF ETF A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 2.638 Buy Candidate Upgraded

Predicted Opening Price for iShares 0-5 Year TIPS Bond ETF of Friday, May 3, 2024

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