Vanguard Usd Corporate 1-3 Year Bond ETF Forecast

Red day on Wednesday for Vanguard Usd Corporate 1-3 Year Bond
(Updated on Jun 19, 2024)

VDUC.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has fallen 0%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Vanguard Usd Corporate 1-3 Year Bond ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $48.80 and $48.76. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Friday, May 31, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 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 Vanguard Usd Corporate 1-3 Year Bond ETF

Vanguard Usd Corporate 1-3 Year Bond finds support from accumulated volume at $48.72 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.314%

Our recommended stop-loss: $45.89 (-5.88%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (VDUC.L) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Vanguard Usd Corporate 1-3 Year Bond Ucits Etf to open at $48.76, and during the day (based on 14 day Average True Range), to move between $48.58 and $48.93, which gives a possible trading interval of +/-$0.178 (+/-0.37%) up or down from last closing price. If Vanguard Usd Corporate 1-3 Year Bond Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $48.78 (0.06%) than the support at $48.72 (0.07%), 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 Usd Corporate 1-3 Year Bond Ucits 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 Vanguard Usd Corporate 1-3 Year Bond ETF to perform well in the short-term period.

Current score: 1.470 Buy Candidate Unchanged

Predicted Opening Price for Vanguard Usd Corporate 1-3 Year Bond Ucits Etf of Thursday, June 20, 2024

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