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

Vanguard Long-Term Corporate Bond Index Fund ETF Shares is trading at $70.63, down 0.03% on the session. The 50 day average sits at $70.42 and the 200 day at $73.70, which puts the stock in a downtrend. RSI is at 57.3, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $70.41 with resistance near $71.00, so that band frames the current range. Average daily movement is roughly $0.63, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 27, momentum of 79 and a risk score of 96.

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.