WABF Western Asset Bond ETF Forecast, Technical & Fundamental Analysis
The investment seeks to maximize total return consistent with prudent investment management and liquidity needs... Show more
WABF in upward trend: price rose above 50-day moving average on June 09, 2025
WABF moved above its 50-day moving average on June 09, 2025 date and that indicates a change from a downward trend to an upward trend. In of 9 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 12, 2025. You may want to consider a long position or call options on WABF as a result. In of 26 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for WABF just turned positive on May 29, 2025. Looking at past instances where WABF's MACD turned positive, the stock continued to rise in of 13 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for WABF crossed bullishly above the 50-day moving average on June 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 103 cases where WABF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
WABF broke above its upper Bollinger Band on June 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Advertisement
General Information
Category IntermediateTermBond
WABF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WABF has been closely correlated with FIXD. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if WABF jumps, then FIXD could also see price increases.
| Ticker / NAME | Correlation To WABF | 1D Price Change % | ||
|---|---|---|---|---|
| WABF | 100% | N/A | ||
| FIXD - WABF | 96% Closely correlated | -0.25% | ||
| IUSB - WABF | 81% Closely correlated | -0.17% | ||
| JCPB - WABF | 80% Closely correlated | -0.19% | ||
| FBND - WABF | 79% Closely correlated | -0.25% | ||
| BOND - WABF | 78% Closely correlated | -0.24% | ||
More | ||||