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Uptrend SupportArchive - 12/20/2024 - Sign In to see current Signals. |
Vanguard Total Bond Market Index Fund ETF Shares (BND) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Vanguard Total Bond Market Index Fund ETF Shares (BND). During the week, the BND gave back -0.46 points, or -0.63%, and closed at 72.21 on Friday, December 20, 2024. Weekly volume was 11% above average. Long-term trend: [See BND long-term trend chart] A long-term uptrend had started on October 23, 2023 at 67.99 and reached 75.67 on September 16, 2024. BND gained -7.68 points, or -11.30%, in 47 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (73.48) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BND may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend. Medium-term trend: [See BND medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 75.67 and reached 71.88 on December 19, 2024. BND lost 3.79 points, or 5.01%, in 13 weeks. The price is now at the 8.71% retracement level. Weekly Technical Indicators: [See BND weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since October 11, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See BND short-term trend chart] A short-term downtrend had started on December 6, 2024 at 73.79 and reached 71.88 on December 19, 2024. BND lost 1.91 points, or 2.59%, in 13 days. The price is now at the 17.28% retracement level. Daily Technical Indicators: [See BND daily technical indicators chart] Daily Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since December 12, 2024. This is an indication that the short-term trend is down.
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