VCLT Forecast and Technical Stock Analysis
Buy candidate since 2019-08-22 Gain 0.82%
Vanguard Long-Term Corporate Bond ETF gained 0.82% in the last trading day ( Friday, 23rd Aug 2019 ), rising from $101.85 to $102.69 During the day the stock fluctuated 1.18% from a day low at $101.55 to a day high of $102.75. The price has risen in 7 of the last 10 days and is up by 3.03% over the past 2 weeks. Volume fell in the last day by -148 555 shares and in total, 321 902 shares bought and sold for approximately $33.06 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the VCLT stock price was $102.90 and low was $96.55.
- 90 day high was $102.90 and low was $92.00.
- 52 week high for Vanguard Long-Term Corporate Bond ETF - $102.90 and low - $83.22.
Vanguard Long-Term Corporate Bond ETF lies in the upper part of a narrow and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $103.20 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 9.73% during the next 3 months and, with 90% probability hold a price between $109.66 and $113.24 at the end of this period.
Only positive signals in the chart today. Vanguard Long-Term Corporate Bond ETF holds buy signals from both short- and long-term moving averages. In addition, 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 $102.05 and $98.56. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday July 12, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
* 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 stock in question.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock holds a RSI14 at 79 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Vanguard Long-Term Corporate Bond ETF finds support from accumulated volume at $99.45.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.20 (1.18%) between high and low. For the last week, the stock has had daily average volatility of 0.87%.
The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks 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 stock manages to break the trend before that occurs.
Our recommended stop-loss: $98.94 (-3.65%) (This stock has low daily movements and this gives low risk. The RSI14 is 79 and this increases the risk substantially. There is a buy signal from pivot bottom found 30 days ago.)
0.87 %Average volatility
Very Low Low Medium High Very High
Vanguard Long-Term Corporate Bond ETF holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Strong Buy Candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!