Vanguard Usd Treasury Bond Ucits Etf ETF Forecast

Vanguard Usd Treasury Bond Ucits Etf ETF upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 28, 2024)

VUTY.L Signals & Forecast

The Vanguard Usd Treasury Bond Ucits Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately £17.04. On a fall, the ETF will find some support from the long-term average at approximately £16.91. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 -0.287%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved £0.0710 between high and low, or 0.417%. For the last week the ETF has had daily average volatility of 0.241%.

Our recommended stop-loss: £16.57 (-2.76%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)

Trading Expectations (VUTY.L) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Vanguard Usd Treasury Bond Ucits Etf to open at £17.06, and during the day (based on 14 day Average True Range), to move between £16.94 and £17.13, which gives a possible trading interval of +/-£0.0954 (+/-0.56%) 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 1.12% 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 (0.05%) than the resistance at £17.06 (0.12%), 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 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Vanguard Usd Treasury Bond Ucits Etf of Monday, July 1, 2024

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