Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Jumped Up 0.6%, But Why?

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In its latest trading session, Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) spiked up by 0.6% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 33.379, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.007, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.12, an Accumulation/Distribution Index (ADI) of 0.12, an On-Balance Volume (OBV) of 204.01, and a Chaiikin Money Flow (CMF) of -66.1. 1.19

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.