BND Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending BND on October 03, 2024, netting in a 1.20% gain over 1 month

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BND - Vanguard Total Bond Market ETF

Ticker: BND

Company: Vanguard Total Bond Market ETF

Gain from shortening: +1.2%

Confirmed: 10/03/24

Succeeded: 10/07/24

Total length: 31 days

BND's Indicator enters downward trend

The Aroon Indicator for BND entered a downward trend on November 15, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 235 similar instances where the Aroon Indicator formed such a pattern. In of the 235 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BND as a result. In of 82 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 10-day moving average for BND crossed bearishly below the 50-day moving average on October 11, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BND's RSI Oscillator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for BND just turned positive on November 07, 2024. Looking at past instances where BND's MACD turned positive, the stock continued to rise in of 51 cases 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 BND advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .

BND may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.