NASDAQ:BND - Nasdaq - US9219378356 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to BND. In the past year, BND was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, BND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 73.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BND in the last couple of days, which is a good sign.
70.46
We found 1 important support area.
We found 1 important resistance area.
73.18
+0.24 (+0.33%)