PIMCO 1-5 Year U.S. TIPS Index ETF Forecast
Stronger technical forecast for PIMCO 1-5 Year U.S. TIPS Index ETF price after Thursday trading.
(Updated on May 16, 2024)
The PIMCO 1-5 Year U.S. TIPS Index ETF price fell by -0.0582% on the last day (Thursday, 16th May 2024) from $51.55 to $51.52. During the last trading day the ETF fluctuated 0.0777% from a day low at $51.51 to a day high of $51.55. The price has risen in 5 of the last 10 days and is up by 0.5% over the past 2 weeks. Volume has increased on the last day by 28 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 60 thousand shares were bought and sold for approximately $3.08 million.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $51.61 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect PIMCO 1-5 Year U.S. TIPS Index ETF with a 90% probability to be traded between $51.30 and $51.74 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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STPZ Signals & Forecast
The PIMCO 1-5 Year U.S. TIPS Index 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 $51.44 and $51.33. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Wednesday, May 15, 2024, and so far it has fallen -0.0582%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the short-term chart.
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, May 02, 2024 in the short-term chart.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 15, 2024 and based on theory for this formation the price should fall by -0.93% to $51.04 within 34 trading days since signal was issued (Friday, May 17, 2024).
Support, Risk & Stop-loss for PIMCO 1-5 Year U.S. TIPS Index ETF
PIMCO 1-5 Year U.S. TIPS Index finds support from accumulated volume at $51.44 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 0.0777%. For the last week the ETF has had daily average volatility of 0.104%.
Our recommended stop-loss: $49.07 (-4.76%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (STPZ) For The Upcoming Trading Day Of Friday 17th
For the upcoming trading day on Friday, 17th we expect PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund to open at $51.53, and during the day (based on 14 day Average True Range), to move between $51.44 and $51.60, which gives a possible trading interval of +/-$0.0832 (+/-0.16%) up or down from last closing price. If PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund takes out the full calculated possible swing range there will be an estimated 0.32% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $51.53 (0.01%) than the support at $51.44 (0.16%), 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 PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund 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 PIMCO 1-5 Year U.S. TIPS Index ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.159 Buy Candidate Upgraded
Predicted Opening Price for PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund of Friday, May 17, 2024
| Fair opening price May 17, 2024 | Current price |
|---|---|
| $51.53 ( 0.0129%) | $51.52 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STPZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 51.57 | 0.0906 % | |
| R2 | 51.55 | 0.0609 % | ||
| R1 | 51.54 | 0.0426 % | ||
| Current price: | 51.52 | |||
| Support | S1 | 51.51 | -0.0167 % | |
| S2 | 51.50 | -0.0350 % | ||
| S3 | 51.49 | -0.0647 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 51.55 | 0.0582 % | ||
| R1 | 51.53 | 0.0097 % | ||
| Current price | 51.52 | |||
| Support | S1 | 51.44 | -0.155% | |
| S2 | 51.33 | -0.369% | ||
| S3 | 51.28 | -0.466% |
STPZ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 01, 2024 | May 01, 2024 | May 06, 2024 | $0.150 | 0.292% |
| 2 | Jan 09, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.100 | 0.194% |
| 3 | Dec 01, 2023 | Dec 01, 2023 | Dec 01, 2023 | $0.0900 | 0.177% |
| 4 | Jan 31, 2023 | Nov 01, 2023 | Nov 06, 2023 | $0.165 | 0.328% |
| 5 | Jan 31, 2023 | Oct 02, 2023 | Oct 05, 2023 | $0.0500 | 0.100% |
FAQ
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