PIMCO 1-5 Year U.S. TIPS Index 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
Red day on Friday for PIMCO 1-5 Year U.S. TIPS Index
(Updated on May 17, 2024)
No changes to the price of PIMCO 1-5 Year U.S. TIPS Index ETF on the last trading day (Friday, 17th May 2024). During the last trading day the ETF fluctuated 0.0726% from a day low at $51.51 to a day high of $51.55. The price has been going up and down for this period, and there has been a 0.3% gain for the last 2 weeks.
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 PIMCO 1-5 Year U.S. TIPS Index ETF with a 90% probability to be traded between $51.32 and $51.77 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 $51.46 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the ETF should be watched closely. 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. 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 (Monday, May 20, 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 $0.0374 between high and low, or 0.0726%. For the last week the ETF has had daily average volatility of 0.0909%.
Our recommended stop-loss: $48.45 (-5.96%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (STPZ) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th 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 +/-$0.0799 (+/-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 0.31% 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.
Current score: 2.274 Buy Candidate Unchanged
Predicted Opening Price for PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $51.53 ( 0.0146%) | $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 | 51.56 | 0.0872 % | |
| R2 | 51.55 | 0.0595 % | ||
| R1 | 51.54 | 0.0424 % | ||
| Current price: | 51.52 | |||
| Support | S1 | 51.51 | -0.0131 % | |
| S2 | 51.50 | -0.0302 % | ||
| S3 | 51.49 | -0.0580 % |
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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