PIMCO 25+ YEAR ZERO 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
Red day on Wednesday for PIMCO 25+ YEAR ZERO ETF after losing 1.36%
(Updated on Apr 24, 2024)
The PIMCO 25+ YEAR ZERO ETF price fell by -1.36% on the last day (Wednesday, 24th Apr 2024) from $71.48 to $70.51. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 1.07% from a day low at $70.00 to a day high of $70.75. The price has fallen in 7 of the last 10 days and is down by -3.82% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -57 thousand shares and in total, 147 thousand shares were bought and sold for approximately $10.39 million.
The ETF has broken the falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($70.83) are considered to be a "second chance" to get out. According to the fan-theory $64.43 will represent the new bottom line of the next trend, but it is far too early to say this for certain.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ZROZ Signals & Forecast
There are few to no technical positive signals at the moment. The PIMCO 25+ YEAR ZERO 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 $71.28 and $75.76. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 06, 2024, and so far it has fallen -13.07%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for PIMCO 25+ YEAR ZERO ETF
There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.
This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.750 between high and low, or 1.07%. For the last week, the ETF has had daily average volatility of 1.04%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ZROZ) For The Upcoming Trading Day Of Thursday 25th
For the upcoming trading day on Thursday, 25th we expect PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND to open at $70.42, and during the day (based on 14 day Average True Range), to move between $69.27 and $71.75, which gives a possible trading interval of +/-$1.24 (+/-1.76%) up or down from last closing price. If PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND takes out the full calculated possible swing range there will be an estimated 3.52% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $72.67, some $2.16 (3.06%) from the current price of $70.51, our system finds the risk reward not very attractive.
Is PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND ETF A Buy?
PIMCO 25+ YEAR ZERO holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -4.165 Sell Candidate Unchanged
Predicted Opening Price for PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX FUND of Thursday, April 25, 2024
| Fair opening price April 25, 2024 | Current price |
|---|---|
| $70.42 ( 0.128%) | $70.51 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZROZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 71.17 | 0.94 % | |
| R2 | 70.88 | 0.530 % | ||
| R1 | 70.71 | 0.279 % | ||
| Current price: | 70.51 | |||
| Support | S1 | 70.13 | -0.534 % | |
| S2 | 69.96 | -0.785 % | ||
| S3 | 69.67 | -1.19 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 78.31 | 11.06 % | |
| R2 | 73.31 | 3.97 % | ||
| R1 | 72.67 | 3.06 % | ||
| Current price | 70.51 | |||
| Support | S1 | 0 | . | |
| S2 | 0 | . | ||
| S3 | 0 | . |
ZROZ Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 09, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.770 | 1.01% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.780 | 0.90% |
| 3 | Jan 31, 2023 | Oct 02, 2023 | Oct 05, 2023 | $0.710 | 1.04% |
| 4 | Jan 31, 2023 | Jul 03, 2023 | Jul 07, 2023 | $0.780 | 0.90% |
| 5 | Apr 03, 2023 | Apr 03, 2023 | Apr 03, 2023 | $0.730 | 0.764% |
FAQ
Click here for our free guide on how to buy PIMCO 25+ YEAR ZERO ETF.
