Vanguard Long-Term Corporate Bond ETF Forecast

$78.23
+0.0300 (+0.0384%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Vanguard Long-Term Corporate Bond ETF downgraded to Hold/Accumulate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 0.49% PDF

The Vanguard Long-Term Corporate Bond ETF price gained 0.0384% on the last trading day (Thursday, 28th Mar 2024), rising from $78.20 to $78.23. 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 0.641% from a day low at $78.04 to a day high of $78.54. The price has risen in 8 of the last 10 days and is up by 1.53% 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, 123 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $111.76 million.

The ETF lies the upper part of a narrow and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $78.86 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.40% during the next 3 months and, with a 90% probability hold a price between $73.45 and $76.97 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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VCLT Signals & Forecast

The Vanguard Long-Term Corporate Bond 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 $77.69 and $77.37. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, March 11, 2024, and so far it has fallen -0.242%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Thursday, March 21, 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.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Thursday, March 21, 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.

Support, Risk & Stop-loss for Vanguard Long-Term Corporate Bond ETF

Vanguard Long-Term Corporate Bond finds support from accumulated volume at $77.90 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 $0.500 between high and low, or 0.641%. For the last week the ETF has had daily average volatility of 0.622%.

Our recommended stop-loss: $75.06 (-4.05%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)

Trading Expectations (VCLT) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Vanguard Long-Term Corporate Bond ETF to open at $78.27, and during the day (based on 14 day Average True Range), to move between $77.64 and $78.82, which gives a possible trading interval of +/-$0.587 (+/-0.75%) up or down from last closing price. If Vanguard Long-Term Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 1.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $78.35 (0.15%) than the support at $77.90 (0.42%), 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 Vanguard Long-Term Corporate Bond ETF ETF A Buy?

Vanguard Long-Term Corporate Bond holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.671 Hold/Accumulate Downgraded

Predicted Opening Price for Vanguard Long-Term Corporate Bond ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$78.27 ( 0.0511%) $78.23

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

Trading levels for VCLT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 78.77 0.690 %
R2 78.58 0.446 %
R1 78.46 0.295 %
Current price: 78.23
Support S1 78.08 -0.193 %
S2 77.96 -0.344 %
S3 77.77 -0.588 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 79.28 1.34 %
R2 78.49 0.332 %
R1 78.35 0.153 %
Current price 78.23
Support S1 77.90 -0.422%
S2 77.37 -1.10%
S3 76.89 -1.71%

VCLT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 28, 2024 Mar 01, 2024 Mar 06, 2024 $0.287 0.367%
2 Jan 30, 2024 Feb 01, 2024 Feb 06, 2024 $0.340 0.433%
3 Dec 20, 2023 Dec 22, 2023 Dec 28, 2023 $0.329 0.407%
4 Nov 29, 2023 Dec 01, 2023 Dec 06, 2023 $0.308 0.397%
5 Oct 30, 2023 Nov 01, 2023 Nov 06, 2023 $0.338 0.479%

FAQ

What is the symbol for Vanguard Long-Term Corporate Bond ETF ETF and on which exchange is it traded?
The symbol for Vanguard Long-Term Corporate Bond ETF is VCLT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Vanguard Long-Term Corporate Bond ETF ETF?
Vanguard Long-Term Corporate Bond holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Vanguard Long-Term Corporate Bond ETF ETF?
Vanguard Long-Term Corporate Bond ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Vanguard Long-Term Corporate Bond ETF ETF.

What's the current price of Vanguard Long-Term Corporate Bond ETF ETF?
As of the end of day on the 2024-03-28, the price of an Vanguard Long-Term Corporate Bond ETF (VCLT) share was $78.23.

What is the 52-week high and low for Vanguard Long-Term Corporate Bond ETF ETF?
The 52-week high for Vanguard Long-Term Corporate Bond ETF ETF is $81.11 and the 52-week low is $67.47.

What is the market capitalization of Vanguard Long-Term Corporate Bond ETF ETF?
As of the 2024-03-28, the market capitalization of Vanguard Long-Term Corporate Bond ETF is 7.674B.
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About Vanguard Long-Term Corporate Bond ETF

The investment seeks to track the performance of a market-weighted corporate bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 10+ Year Corporate Bond Index. This index includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility, and financial companies, with maturities greater t... VCLT Profile

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