Vanguard Core-Plus Bond 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 Vanguard Core-Plus Bond
(Updated on May 17, 2024)
The Vanguard Core-Plus Bond ETF price fell by -0.217% on the last day (Friday, 17th May 2024) from $76.05 to $75.89. During the last trading day the ETF fluctuated 0.488% from a day low at $75.77 to a day high of $76.14. The price has risen in 6 of the last 10 days and is up by 0.7% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -2 thousand shares and in total, 100 thousand shares were bought and sold for approximately $7.57 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 $76.14 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Vanguard Core-Plus Bond ETF with a 90% probability to be traded between $72.61 and $74.72 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. 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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VPLS Signals & Forecast
The Vanguard Core-Plus 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 $75.78 and $75.30. 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 -0.400%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Vanguard Core-Plus Bond ETF
Vanguard Core-Plus Bond finds support from accumulated volume at $75.55 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 $0.370 between high and low, or 0.488%. For the last week the ETF has had daily average volatility of 0.320%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VPLS) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Vanguard Core-Plus Bond ETF to open at $75.93, and during the day (based on 14 day Average True Range), to move between $75.58 and $76.19, which gives a possible trading interval of +/-$0.303 (+/-0.40%) up or down from last closing price. If Vanguard Core-Plus Bond ETF takes out the full calculated possible swing range there will be an estimated 0.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $75.89 (0.01%) than the support at $75.55 (0.44%), 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 Core-Plus Bond ETF ETF A Buy?
Vanguard Core-Plus Bond holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -2.433 Sell Candidate Unchanged
Predicted Opening Price for Vanguard Core-Plus Bond ETF of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
$75.93 ( 0.0615%) | $75.89 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VPLS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 76.30 | 0.549 % | |
R2 | 76.16 | 0.363 % | ||
R1 | 76.07 | 0.248 % | ||
Current price: | 75.89 | |||
Support | S1 | 75.79 | -0.125 % | |
S2 | 75.70 | -0.240 % | ||
S3 | 75.56 | -0.426 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 76.72 | 1.10 % | |
R2 | 76.05 | 0.217 % | ||
R1 | 75.89 | 0.0066 % | ||
Current price | 75.89 | |||
Support | S1 | 75.55 | -0.441% | |
S2 | 75.41 | -0.626% | ||
S3 | 75.03 | -1.13% |
VPLS Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 29, 2024 | May 01, 2024 | May 06, 2024 | $0.288 | 0.382% |
2 | Mar 27, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.295 | 0.388% |
3 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.251 | 0.327% |
4 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.280 | 0.366% |
FAQ
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