NASDAQ:BND - Nasdaq - US9219378356 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to BND. BND has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, BND does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 73.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.05, a Stop Loss order could be placed below this zone.
70.46
We found 1 important support area.
When analyzing the resistance we notice one important area.
73.06
-0.44 (-0.6%)