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April 11, 2023
- Bullish session prepares challenge of $209.48 level, currently 89 cents above current price of $208.59
- Upper Bollinger Band® currently at $93.89
Visual analysis of Vanguard Mid-Cap ETF's chart shows that it will be interesting to follow how Vanguard Mid-Cap Index Fund ETF Shares's run now faces a challenge at $209.48, which is only 89 cents away. Technical analysis trend indicators suggest that around $208.18, Vanguard Mid-Cap ETF can look to establish a new bullish phase beyond its 200 day Simple Moving Average. Price action overcame a known Fibonacci resistance level at $208.47 by around 11.598 cents with prices hammering out a $205.93 – $208.59 session range. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $211.7, thereby suggesting that Vanguard Mid-Cap ETF is becoming overvalued.
For the time being, Vanguard Mid-Cap ETF remains flat without a clear direction.
A study of iShares MSCI USA Value Factor ETF's chart reveals various key levels to watch: iShares MSCI USA Value Factor ETF's run now faces a challenge at $93.32, which is only 39 cents away and will be interesting to follow. Trend-following investors would be interested to note that around $92.75, iShares MSCI USA Value Factor ETF can look to establish a new bullish phase beyond its 200 day Simple Moving Average. IShares MSCI USA Value Factor ETF is hovering above a known Fibonacci resistance level of $92.3. According to asset volatility analysis, iShares MSCI USA Value Factor ETF's upper Bollinger Band® is at $93.89.
For the time being, iShares MSCI USA Value Factor ETF remains flat without a clear direction.
Support/Resistance levels obtained from chart analysis indicate that iShares 1-3 Year Treasury Bond ETF is trending down and heading towards $82.03, which is only 3 cents away now. Hitting this support line might signal a change of direction.
Upcoming fundamentals: United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC.
