VANGUARD TOTAL BOND MARKET (BND) Stock Technical Analysis
NASDAQ:BND - Nasdaq - US9219378356 - ETF - Currency: USD
Taking everything into account, BND scores 4 out of 10 in our technical rating. BND has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 73.00, a Stop Loss order could be placed below this zone.
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70.46
When analyzing the support we notice one important area.
- A support zone ranging from 71.17 to 73.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 73.55 to 74.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 75.44 to 75.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BND is up. |
| ChartMill Relative Strength | 30.71 | NEUTRAL | BND is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BND is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BND is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.47 | NEUTRAL | The RSI value for BND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests BND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.69 | NEUTRAL | The Stochastics value for BND is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for BND suggests low volalility. |
| Average Directional Index/ADX (14) | 9.13 | NEGATIVE | The low ADX value for BND suggests a weak or negative trend. |
73
-0.12 (-0.16%)