Vanguard Long-Term Government Bond ETF Forecast
Green day on Friday for Vanguard Long-Term Government Bond
(Updated on Apr 19, 2024)
The Vanguard Long-Term Government Bond ETF price gained 0.322% on the last trading day (Friday, 19th Apr 2024), rising from $55.83 to $56.01. During the last trading day the ETF fluctuated 0.485% from a day low at $55.87 to a day high of $56.14. The price has fallen in 6 of the last 10 days and is down by -2.35% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 237 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $112.51 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 $55.40 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -4.22% during the next 3 months and, with a 90% probability hold a price between $53.07 and $56.51 at the end of this 3-month period.
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VGLT Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.86%. 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 Government 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 $56.05 and $58.07. 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 Government Bond ETF
Vanguard Long-Term Government Bond finds support from accumulated volume at $55.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.271 (0.485%) between high and low. For the last week, the ETF has had daily average volatility of 0.738%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VGLT) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Vanguard Long-Term Government Bond ETF to open at $56.01, and during the day (based on 14 day Average True Range), to move between $55.41 and $56.61, which gives a possible trading interval of +/-$0.602 (+/-1.08%) up or down from last closing price. If Vanguard Long-Term Government Bond ETF takes out the full calculated possible swing range there will be an estimated 2.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $55.86 (0.27%) than the resistance at $58.12 (3.77%), 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 Government Bond ETF ETF A Buy?
Vanguard Long-Term Government Bond 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: -1.591 Sell Candidate Unchanged
Predicted Opening Price for Vanguard Long-Term Government Bond ETF of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $56.01 ( 0.0065%) | $56.01 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VGLT
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 56.28 | 0.477 % | |
| R2 | 56.17 | 0.292 % | ||
| R1 | 56.11 | 0.178 % | ||
| Current price: | 56.01 | |||
| Support | S1 | 55.90 | -0.191 % | |
| S2 | 55.84 | -0.306 % | ||
| S3 | 55.74 | -0.490 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 59.22 | 5.73 % | |
| R2 | 58.83 | 5.03 % | ||
| R1 | 58.12 | 3.77 % | ||
| Current price | 56.01 | |||
| Support | S1 | 55.86 | -0.268% | |
| S2 | 55.83 | -0.321% | ||
| S3 | 55.53 | -0.86% |
VGLT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 27, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.200 | 0.344% |
| 2 | Feb 28, 2024 | Mar 01, 2024 | Mar 06, 2024 | $0.176 | 0.293% |
| 3 | Jan 30, 2024 | Feb 01, 2024 | Feb 06, 2024 | $0.188 | 0.316% |
| 4 | Dec 20, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.190 | 0.306% |
| 5 | Nov 29, 2023 | Dec 01, 2023 | Dec 06, 2023 | $0.178 | 0.298% |
FAQ
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