Vanguard Long-Term Corporate Bond Index Fund ETF Shares (VCLT)

Vanguard Long-Term Corporate Bond Index Fund ETF Shares is trading at $71.23, down 0.06% on the session. The 50 day average sits at $73.85 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 37.6, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $71.71 with resistance near $72.82, so that band frames the current range. Average daily movement is roughly $0.49, or about 0.7% of the share price, which is what any stop placement has to allow for. The overall health score of 55 out of 100 combines a trend score of 32, momentum of 55 and a risk score of 92.

The fund manager employs an indexing investment approach designed to track the performance of the Bloomberg U.S. 10+ Year Corporate Bond Index, which includes U.S. dollar-denominated, investment-grade, fixed-rate, taxable debt securities issued by U.S. and non-U.S. industrial, utility, and financial companies, all with maturities greater than 10 years. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the bonds that make up the Target Index.