VGLT Forecast and Technical Stock Analysis
Buy candidate since 2019-08-16 Loss -0.34%
Vanguard Long-Term Government Bond ETF gained 1.00% in the last trading day ( Tuesday, 20th Aug 2019 ), rising from $88.33 to $89.21 During the day the stock fluctuated 0.48% from a day low at $88.80 to a day high of $89.22. The price has risen in 6 of the last 10 days and is up by 3.96% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 97 566 more shares were traded than the day before. In total, 624 404 shares bought and sold for approximately $55.70 million.
- 30 day high of the VGLT stock price was $90.94 and low was $80.24.
- 90 day high was $90.94 and low was $77.30.
- 52 week high for Vanguard Long-Term Government Bond ETF - $90.94 and low - $68.97.
Vanguard Long-Term Government Bond ETF lies in the upper part of a 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 $90.59 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 9.48% during the next 3 months and, with 90% probability hold a price between $91.37 and $99.18 at the end of this period.
Only positive signals in the chart today. Vanguard Long-Term Government 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 $88.78 and $83.39. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday August 19, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
* 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 80 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 Government Bond ETF finds support from accumulated volume at $87.66.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.42 between high and low, or 0.48%. For the last week, the stock has had a daily average volatility of 0.94%.
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: $84.32 (-5.48%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from pivot bottom found 1 days ago.)
0.94 %Average volatility
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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!