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BIV Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending BIV on October 03, 2024, netting in a 1.29% gain over 1 month

A.I.dvisor
at Tickeron.com
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+1.29% Gain from a Successful pattern Broadening Wedge Ascending
BIV - Vanguard Interm-Term Bond ETF
Tickeron
Ticker: BIV
Company: Vanguard Interm-Term Bond ETF
Gain from shortening: +1.29%
Confirmed: 10/03/24
Succeeded: 10/07/24
Total length: 31 days
On September 06, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Vanguard Interm-Term Bond ETF (BIV, $78.01). 27 days later, on October 03, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 07, 2024, the stock hit the target price of $76.95 – resulting in a gain for traders who shorted the stock on the pattern detection date.

BIV in downward trend: price dove below 50-day moving average on December 13, 2024

BIV moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend. In of 37 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for BIV moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 34 similar instances where the indicator moved out of overbought territory. In of the 34 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BIV as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BIV turned negative on December 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BIV broke above its upper Bollinger Band on November 29, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The 10-day moving average for BIV crossed bullishly above the 50-day moving average on December 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BIV advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 282 cases where BIV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Intermediate Core Bond
Address
Vanguard Bond Index FundsPO Box 2600 V26Valley Forge
Phone
800-523-1036
Web
www.vanguard.com