Vanguard Usd Treasury Bond Ucits Etf ETF Forecast

Vanguard Usd Treasury Bond Ucits Etf ETF downgraded to Sell Candidate
(Updated on Jun 25, 2024)

VUTY.L Signals & Forecast

The Vanguard Usd Treasury Bond Ucits Etf 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 £17.04 and £16.91. 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 Friday, June 21, 2024, and so far it has fallen -0.211%. Further fall is indicated until a new bottom pivot has been found. 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 ETF had a Golden Star Signal on Friday, May 03, 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 Usd Treasury Bond Ucits Etf ETF

Vanguard Usd Treasury Bond Ucits Etf finds support from accumulated volume at £17.03 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 £0.0530 between high and low, or 0.311%. For the last week the ETF has had daily average volatility of 0.222%

The Vanguard Usd Treasury Bond Ucits Etf ETF is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the ETF is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some ETFS may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VUTY.L) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Vanguard Usd Treasury Bond Ucits Etf to open at £17.05, and during the day (based on 14 day Average True Range), to move between £16.94 and £17.16, which gives a possible trading interval of +/-£0.110 (+/-0.65%) up or down from last closing price. If Vanguard Usd Treasury Bond Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £17.03 (0.12%) than the resistance at £17.09 (0.23%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Vanguard Usd Treasury Bond Ucits Etf ETF A Buy?

Vanguard Usd Treasury Bond Ucits Etf 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.408 Sell Candidate Downgraded

Predicted Opening Price for Vanguard Usd Treasury Bond Ucits Etf of Wednesday, June 26, 2024

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