The Greedy Trader Weekly Analysis
Sign In May 3, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/26/2024 -
Sign In to see current Signals.

Vanguard Short-Term Bond Index Fund ETF Shares (BSV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaThe price has risen above the Parabolic SARPrice is close to the 50 Day Moving AverageThe price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week after 4 consecutive negative weeks for the Vanguard Short-Term Bond Index Fund ETF Shares (BSV). During the week, the BSV climbed 0.06 points, or 0.08%, and closed at 75.94 on Friday, April 26, 2024. Weekly volume was -36% below average.

Long-term trend: [See BSV long-term trend chart]
A long-term downtrend had started on July 31, 2020 at 83.30 and reached 74.03 on October 21, 2022. BSV lost 9.27 points, or 11.13%, in 116 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (74.91) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BSV medium-term trend chart]
A medium-term uptrend had started on October 21, 2022 at 74.03 and reached 77.32 on January 12, 2024. BSV gained -3.29 points, or -4.44%, in 64 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 74.61 and resistance is at 77.41. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See BSV weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 8, 2024. Use the following link to access a MACD help.

Short-term trend: [See BSV short-term trend chart]
A short-term downtrend had started on March 8, 2024 at 76.86 and reached 75.76 on April 16, 2024. BSV lost 1.10 points, or 1.43%, in 39 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See BSV daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since April 25, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.42
Williams' Percentage Range (W%R) 81.70
Oversold
Lane's Stochastic (%D-Slow) 62.42
Greed/Fear Indicator (GFI) 40.04
Moving Average Converg./Diverg. (MACD) -0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.02
Williams' Percentage Range (W%R) 89.10
Oversold
Lane's Stochastic (%D-Slow) 17.32
Oversold
Greed/Fear Indicator (GFI) 22.39
Moving Average Converg./Diverg. (MACD) 0.19
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 77.41
Monthly Trendline Support 77.02
Upper Bollinger Band 76.51
Monthly Trendline Resistance 76.45
50 Day Moving Average 76.36
20 Day Moving Average 76.07
Daily Stochastic Crossing 75.99
Price 75.94
Weekly Stochastic Crossing 75.89
Parabolic System 75.71
Lower Bollinger Band 75.67
Yearly Trendline Resistance 74.97
Yearly Trendline Support 74.91
Quarterly Trendline Support 74.61
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 76.86
High Date 03/08/2024
Low 75.76
Low Date 04/16/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 77.32
High Date 01/12/2024
Low 75.76
Low Date 04/16/2024
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 76.45
Support 77.02
Low 74.61
Low Date 10/19/2023
High 77.32
High Date 01/12/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 77.41
Support 74.61
Low 74.03
Low Date 10/21/2022
High 77.32
High Date 01/12/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 74.97
Support 74.91
High 83.30
High Date 07/31/2020
Low 74.03
Low Date 10/21/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.