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BNDW Stock Tickeron detected bearish ETF Pattern: Broadening Bottom BNDW on February 08, 2023, netting in a 1.58% gain over 2 weeks

A.I.dvisor
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+1.58% Gain from a Successful pattern Broadening Bottom
BNDW - Vanguard Total World Bond ETF
Tickeron
Ticker: BNDW
Company: Vanguard Total World Bond ETF
Gain from shortening: +1.58%
Confirmed: 02/08/23
Succeeded: 02/21/23
Total length: 14 days
On February 07, 2023, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for Vanguard Total World Bond ETF (BNDW, $68.44). 1 day later, on February 08, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 21, 2023, the stock hit the target price of $67.45 – resulting in a gain for traders who shorted the stock on the pattern detection date.

BNDW's Indicator enters downward trend

The Aroon Indicator for BNDW 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 234 similar instances where the Aroon Indicator formed such a pattern. In of the 234 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where BNDW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

BNDW moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BNDW crossed bearishly below the 50-day moving average on October 15, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 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 BNDW 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 BNDW's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 15, 2024. You may want to consider a long position or call options on BNDW as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BNDW just turned positive on November 08, 2024. Looking at past instances where BNDW's MACD turned positive, the stock continued to rise in of 54 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 BNDW advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .

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General Information

Category WorldBond

Profile
Fundamentals
Details
Category
Global Bond-USD Hedged
Address
Vanguard Scottsdale FundsPO Box 2600 V26Valley Forge
Phone
N/A
Web
www.vanguard.com