Vanguard Intermediate -Term Government ETF Forecast
Green day on Wednesday for Vanguard Intermediate -Term Government
(Updated on Mar 27, 2024)
The Vanguard Intermediate -Term Government ETF price gained 0.256% on the last trading day (Wednesday, 27th Mar 2024), rising from $58.49 to $58.64. During the last trading day the ETF fluctuated 0.205% from a day low at $58.54 to a day high of $58.66. The price has risen in 6 of the last 10 days and is up by 0.26% 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, 20 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $76.13 million.
The ETF has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $58.64 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the ETF is predicted to reach $59.64 sometime during the next 3 months.
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VGIT Signals & Forecast
The Vanguard Intermediate -Term Government 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 $58.42 and $58.42. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 0.98%. Further rise is indicated until a new top pivot has been found. 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. 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 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 25, 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.
Golden Star
The ETF had a Golden Star Signal on Thursday, March 21, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 25, 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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Thursday, March 21, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, March 25, 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 Intermediate -Term Government ETF
Vanguard Intermediate -Term Government finds support from accumulated volume at $58.30 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 $0.120 between high and low, or 0.205%. For the last week the ETF has had daily average volatility of 0.176%.
Our recommended stop-loss: $55.22 (-5.82%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (VGIT) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Vanguard Intermediate -Term Government Bond ETF to open at $58.61, and during the day (based on 14 day Average True Range), to move between $58.46 and $58.82, which gives a possible trading interval of +/-$0.181 (+/-0.31%) up or down from last closing price. If Vanguard Intermediate -Term Government Bond ETF takes out the full calculated possible swing range there will be an estimated 0.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $58.96 (0.55%) than the support at $58.30 (0.58%), 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 Intermediate -Term Government Bond ETF ETF A Buy?
Vanguard Intermediate -Term Government 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.
Current score: -0.244 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Intermediate -Term Government Bond ETF of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$58.61 ( 0.0455%) | $58.64 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VGIT
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 58.73 | 0.159 % | |
R2 | 58.69 | 0.0810 % | ||
R1 | 58.66 | 0.0327 % | ||
Current price: | 58.64 | |||
Support | S1 | 58.57 | -0.124 % | |
S2 | 58.54 | -0.172 % | ||
S3 | 58.49 | -0.250 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 59.02 | 0.648 % | |
R2 | 58.98 | 0.580 % | ||
R1 | 58.96 | 0.546 % | ||
Current price | 58.64 | |||
Support | S1 | 58.30 | -0.580% | |
S2 | 58.23 | -0.699% | ||
S3 | 58.15 | -0.84% |
VGIT Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.150 | 0.255% |
2 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.167 | 0.285% |
3 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.167 | 0.282% |
4 | Nov 29, 2023 | Dec 01, 2023 | Dec 06, 2023 | $0.158 | 0.270% |
5 | Oct 30, 2023 | Nov 01, 2023 | Nov 06, 2023 | $0.149 | 0.261% |
FAQ
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