Vanguard Long-Term Corporate Bond ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Friday for Vanguard Long-Term Corporate Bond ETF after gaining 0.162%
(Updated on Apr 19, 2024)
The Vanguard Long-Term Corporate Bond ETF price gained 0.162% on the last trading day (Friday, 19th Apr 2024), rising from $74.19 to $74.31. During the last trading day the ETF fluctuated 0.661% from a day low at $74.17 to a day high of $74.66. The price has been going up and down for this period, and there has been a -2.45% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 96 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $199.07 million.
The ETF lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $73.64 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -3.92% during the next 3 months and, with a 90% probability hold a price between $70.75 and $74.43 at the end of this 3-month period.
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VCLT Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.705%. 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 Long-Term Corporate Bond 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 $74.48 and $76.74. 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 Long-Term Corporate Bond ETF
Vanguard Long-Term Corporate Bond finds support from accumulated volume at $74.19 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 $0.490 between high and low, or 0.661%. For the last week the ETF has had daily average volatility of 0.86%.
Our recommended stop-loss: $69.73 (-6.16%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)
Trading Expectations (VCLT) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Vanguard Long-Term Corporate Bond ETF to open at $74.38, and during the day (based on 14 day Average True Range), to move between $73.59 and $75.03, which gives a possible trading interval of +/-$0.724 (+/-0.97%) up or down from last closing price. If Vanguard Long-Term Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 1.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $74.19 (0.16%) than the resistance at $78.35 (5.44%), 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 Long-Term Corporate Bond ETF ETF A Buy?
Vanguard Long-Term Corporate Bond holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.220 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Long-Term Corporate Bond ETF of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $74.38 ( 0.0942%) | $74.31 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VCLT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 74.87 | 0.754 % | |
| R2 | 74.68 | 0.502 % | ||
| R1 | 74.57 | 0.346 % | ||
| Current price: | 74.31 | |||
| Support | S1 | 74.19 | -0.158 % | |
| S2 | 74.08 | -0.313 % | ||
| S3 | 73.89 | -0.565 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 79.28 | 6.69 % | |
| R2 | 78.58 | 5.75 % | ||
| R1 | 78.35 | 5.44 % | ||
| Current price | 74.31 | |||
| Support | S1 | 74.19 | -0.161% | |
| S2 | 74.09 | -0.296% | ||
| S3 | 73.79 | -0.700% |
VCLT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.318 | 0.415% |
| 2 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.287 | 0.367% |
| 3 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.340 | 0.433% |
| 4 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.329 | 0.407% |
| 5 | Nov 29, 2023 | Dec 01, 2023 | Dec 06, 2023 | $0.308 | 0.397% |
FAQ
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