Vanguard Short-Term Corporate Bond ETF Forecast
Vanguard Short-Term Corporate Bond ETF price ended at $77.42 on Wednesday, after gaining 0.214%.
(Updated on Mar 27, 2024)
The Vanguard Short-Term Corporate Bond ETF price gained 0.214% on the last trading day (Wednesday, 27th Mar 2024), rising from $77.26 to $77.42. During the last trading day the ETF fluctuated 0.220% from a day low at $77.25 to a day high of $77.42. The price has risen in 6 of the last 10 days and is up by 0.39% over the past 2 weeks. Volume fell on the last day by -51 thousand shares and in total, 2 million shares were bought and sold for approximately $145.88 million. 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 ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $77.49 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Vanguard Short-Term Corporate Bond ETF with a 90% probability to be traded between $76.57 and $77.29 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners. 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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VCSH Signals & Forecast
The Vanguard Short-Term Corporate Bond 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 $77.26 and $77.11. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 0.715%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 ETF should be watched closely. The ETF had a Golden Star Signal on Wednesday, March 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 29, 2023.
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.
Golden Star
The ETF had a Golden Star Signal on Wednesday, March 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 29, 2023.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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Wednesday, March 20, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, August 29, 2023.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 Short-Term Corporate Bond ETF
Vanguard Short-Term Corporate Bond finds support from accumulated volume at $77.25 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 $0.170 between high and low, or 0.220%. For the last week the ETF has had daily average volatility of 0.117%.
Our recommended stop-loss: $71.99 (-7.02%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)
Trading Expectations (VCSH) For The Upcoming Trading Day Of Thursday 28th
For the upcoming trading day on Thursday, 28th we expect Vanguard Short-Term Corporate Bond ETF to open at $77.36, and during the day (based on 14 day Average True Range), to move between $77.29 and $77.55, which gives a possible trading interval of +/-$0.129 (+/-0.17%) up or down from last closing price. If Vanguard Short-Term Corporate Bond ETF takes out the full calculated possible swing range there will be an estimated 0.33% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $77.43 (0.01%) than the support at $77.25 (0.22%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Vanguard Short-Term Corporate Bond ETF ETF A Buy?
Vanguard Short-Term Corporate Bond 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.
Current score: 0.962 Hold/Accumulate Unchanged
Predicted Opening Price for Vanguard Short-Term Corporate Bond ETF of Thursday, March 28, 2024
Fair opening price March 28, 2024 | Current price |
---|---|
$77.36 ( 0.0732%) | $77.42 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VCSH
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 77.53 | 0.146 % | |
R2 | 77.47 | 0.0625 % | ||
R1 | 77.43 | 0.0107 % | ||
Current price: | 77.42 | |||
Support | S1 | 77.30 | -0.157 % | |
S2 | 77.26 | -0.209 % | ||
S3 | 77.19 | -0.293 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 77.62 | 0.258 % | |
R2 | 77.54 | 0.155 % | ||
R1 | 77.43 | 0.0129 % | ||
Current price | 77.42 | |||
Support | S1 | 77.25 | -0.220% | |
S2 | 77.18 | -0.310% | ||
S3 | 76.87 | -0.710% |
VCSH Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.229 | 0.297% |
2 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.234 | 0.303% |
3 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.231 | 0.299% |
4 | Nov 29, 2023 | Dec 01, 2023 | Dec 06, 2023 | $0.216 | 0.283% |
5 | Oct 30, 2023 | Nov 01, 2023 | Nov 06, 2023 | $0.227 | 0.302% |
FAQ
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