Vanguard Total Bond Market Index Fund ETF Forecast
Green day on Friday for Vanguard Total Bond Market Index Fund
(Updated on Apr 19, 2024)
The Vanguard Total Bond Market Index Fund ETF price gained 0.127% on the last trading day (Friday, 19th Apr 2024), rising from $70.70 to $70.79. During the last trading day the ETF fluctuated 0.198% from a day low at $70.73 to a day high of $70.87. The price has fallen in 5 of the last 10 days and is down by -1.24% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 8 million shares were bought and sold for approximately $590.26 million.
The ETF lies in the lower of a narrow and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $70.47 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -2.11% during the next 3 months and, with a 90% probability hold a price between $68.99 and $70.79 at the end of this 3-month period. 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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BND Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.340%. 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. The Vanguard Total Bond Market Index Fund ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $70.84 and $71.96. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Vanguard Total Bond Market Index Fund ETF
Vanguard Total Bond Market Index Fund finds support from accumulated volume at $70.73 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 $0.140 between high and low, or 0.198%. For the last week the ETF has had daily average volatility of 0.310%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BND) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Vanguard Total Bond Market Index Fund ETF Shares to open at $70.80, and during the day (based on 14 day Average True Range), to move between $70.46 and $71.12, which gives a possible trading interval of +/-$0.327 (+/-0.46%) up or down from last closing price. If Vanguard Total Bond Market Index Fund ETF Shares takes out the full calculated possible swing range there will be an estimated 0.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $70.73 (0.08%) than the resistance at $71.04 (0.35%), 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 Total Bond Market Index Fund ETF Shares ETF A Buy?
Vanguard Total Bond Market Index Fund holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -2.092 Sell Candidate Unchanged
Predicted Opening Price for Vanguard Total Bond Market Index Fund ETF Shares of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $70.80 ( 0.0095%) | $70.79 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BND
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 70.94 | 0.207 % | |
| R2 | 70.88 | 0.132 % | ||
| R1 | 70.85 | 0.0850 % | ||
| Current price: | 70.79 | |||
| Support | S1 | 70.74 | -0.0660 % | |
| S2 | 70.71 | -0.113 % | ||
| S3 | 70.66 | -0.188 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 72.67 | 2.66 % | |
| R2 | 72.15 | 1.92 % | ||
| R1 | 71.04 | 0.353 % | ||
| Current price | 70.79 | |||
| Support | S1 | 70.73 | -0.0848% | |
| S2 | 70.70 | -0.127% | ||
| S3 | 70.55 | -0.339% |
BND Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.216 | 0.300% |
| 2 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.202 | 0.278% |
| 3 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.212 | 0.291% |
| 4 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.211 | 0.286% |
| 5 | Nov 29, 2023 | Dec 01, 2023 | Dec 06, 2023 | $0.201 | 0.278% |
FAQ
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