FlexShares Disciplined Duration MBS ETF Forecast

$20.43
+0.0300 (+0.147%)
At Close: Mar 27, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MBSD
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FlexShares Disciplined Duration MBS ETF upgraded from Hold/Accumulate to Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The FlexShares Disciplined Duration MBS ETF price gained 0.147% on the last trading day (Wednesday, 27th Mar 2024), rising from $20.40 to $20.43. During the last trading day the ETF fluctuated 0.151% from a day low at $20.40 to a day high of $20.43. The price has been going up and down for this period, and there has been a 0.22% gain for the last 2 weeks. Volume fell on the last day by -7 thousand shares and in total, 7 thousand shares were bought and sold for approximately $149.59 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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. $20.43 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 $20.76 sometime during the next 3 months.

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MBSD Signals & Forecast

The FlexShares Disciplined Duration MBS 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 $20.37 and $20.32. 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 0.94%. Further rise is indicated until a new top pivot has been found. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The ETF had a Golden Star Signal on Thursday, March 21, 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.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Thursday, March 21, 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.
Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 18, 2024 with a target of $20.41. Despite whether the objective of the signal formation has been reached the ETF may continue to perform well.

Support, Risk & Stop-loss for FlexShares Disciplined Duration MBS ETF

FlexShares Disciplined Duration MBS finds support from accumulated volume at $20.42 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 $0.0308 between high and low, or 0.151%. For the last week the ETF has had daily average volatility of 0.202%

Our recommended stop-loss: $19.36 (-5.24%) (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 (MBSD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect FlexShares Disciplined Duration MBS Index Fund to open at $20.42, and during the day (based on 14 day Average True Range), to move between $20.37 and $20.49, which gives a possible trading interval of +/-$0.0590 (+/-0.29%) up or down from last closing price. If FlexShares Disciplined Duration MBS Index Fund takes out the full calculated possible swing range there will be an estimated 0.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $20.42 (0.05%) than the resistance at $20.57 (0.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is FlexShares Disciplined Duration MBS Index Fund ETF A Buy?

Several short-term signals are positive and the ETF has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for FlexShares Disciplined Duration MBS ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.260 Buy Candidate Upgraded

Predicted Opening Price for FlexShares Disciplined Duration MBS Index Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$20.42 ( 0.0476%) $20.43

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

Trading levels for MBSD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 20.45 0.103 %
R2 20.44 0.0455 %
R1 20.43 0.0099 %
Current price: 20.43
Support S1 20.41 -0.105 %
S2 20.40 -0.141 %
S3 20.39 -0.198 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 20.60 0.83 %
R2 20.59 0.759 %
R1 20.57 0.685 %
Current price 20.43
Support S1 20.42 -0.0489%
S2 20.36 -0.343%
S3 20.29 -0.685%

MBSD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Mar 01, 2024 Mar 07, 2024 $0.0595 0.291%
2 Jan 30, 2024 Feb 01, 2024 Feb 07, 2024 $0.0576 0.283%
3 Dec 15, 2023 Dec 15, 2023 Dec 15, 2023 $0.0620 0.304%
4 Dec 01, 2023 Dec 01, 2023 Dec 01, 2023 $0.0930 0.460%
5 Jan 13, 2023 Nov 01, 2023 Oct 06, 2023 $0.0490 0.251%

FAQ

What is the symbol for FlexShares Disciplined Duration MBS Index Fund ETF and on which exchange is it traded?
The symbol for FlexShares Disciplined Duration MBS Index Fund is MBSD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FlexShares Disciplined Duration MBS Index Fund ETF?
Several short-term signals are positive and the ETF has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for FlexShares Disciplined Duration MBS ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy FlexShares Disciplined Duration MBS Index Fund ETF?
FlexShares Disciplined Duration MBS Index Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FlexShares Disciplined Duration MBS Index Fund ETF.

What's the current price of FlexShares Disciplined Duration MBS Index Fund ETF?
As of the end of day on the 2024-03-27, the price of an FlexShares Disciplined Duration MBS Index Fund (MBSD) share was $20.43.

What is the 52-week high and low for FlexShares Disciplined Duration MBS Index Fund ETF?
The 52-week high for FlexShares Disciplined Duration MBS Index Fund ETF is $21.54 and the 52-week low is $19.32.

What is the market capitalization of FlexShares Disciplined Duration MBS Index Fund ETF?
As of the 2024-03-27, the market capitalization of FlexShares Disciplined Duration MBS Index Fund is 76.311M.
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About FlexShares Disciplined Duration MBS Index Fund

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the BofA Merrill Lynch Constrained Duration US Mortgage Backed Securities IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in "TBA Transactions" that represent securities in the underlying index. The underlying index refl... MBSD Profile

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