iShares Genomics Immunology and ETF Forecast
Red day on Thursday for iShares Genomics Immunology and ETF after losing 0.166%
(Updated on Mar 28, 2024)
The iShares Genomics Immunology and ETF price fell by -0.166% on the last day (Thursday, 28th Mar 2024) from $24.12 to $24.08. During the last trading day the ETF fluctuated 0.756% from a day low at $24.05 to a day high of $24.23. The price has been going up and down for this period, and there has been a 1.05% gain for the last 2 weeks. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 21 thousand shares were bought and sold for approximately $516.28 thousand.
The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 6.88% during the next 3 months and, with a 90% probability hold a price between $24.86 and $27.57 at the end of this 3-month period.
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IDNA Signals & Forecast
There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Tuesday, February 27, 2024, and so far it has fallen -4.44%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). iShares Genomics Immunology and gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The iShares Genomics Immunology and ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.01 and $23.89. A breakdown below any of these levels will issue sell signals. The ETF had a Golden Star Signal on Wednesday, July 26, 2023 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Wednesday, July 26, 2023 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for iShares Genomics Immunology and ETF
iShares Genomics Immunology and finds support from accumulated volume at $24.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.182 between high and low, or 0.756%. For the last week the ETF has had daily average volatility of 1.18%.
Our recommended stop-loss: $23.28 (-3.32%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (IDNA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect iShares Genomics Immunology and Healthcare ETF to open at $24.12, and during the day (based on 14 day Average True Range), to move between $23.70 and $24.46, which gives a possible trading interval of +/-$0.384 (+/-1.59%) up or down from last closing price. If iShares Genomics Immunology and Healthcare ETF takes out the full calculated possible swing range there will be an estimated 3.19% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.05 (0.12%) than the resistance at $24.21 (0.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is iShares Genomics Immunology and Healthcare ETF ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for iShares Genomics Immunology and ETF to perform well in the short-term.
Current score: 2.933 Buy Candidate Unchanged
Predicted Opening Price for iShares Genomics Immunology and Healthcare ETF of Monday, April 1, 2024
Fair opening price April 1, 2024 | Current price |
---|---|
$24.12 ( 0.169%) | $24.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IDNA
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 24.30 | 0.92 % | |
R2 | 24.23 | 0.635 % | ||
R1 | 24.19 | 0.457 % | ||
Current price: | 24.08 | |||
Support | S1 | 24.05 | -0.120 % | |
S2 | 24.01 | -0.298 % | ||
S3 | 23.94 | -0.586 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 24.42 | 1.41 % | |
R2 | 24.28 | 0.83 % | ||
R1 | 24.21 | 0.540 % | ||
Current price | 24.08 | |||
Support | S1 | 24.05 | -0.125% | |
S2 | 23.75 | -1.37% | ||
S3 | 22.36 | -7.14% |
IDNA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.169 | 0.771% |
2 | Dec 07, 2022 | Jun 07, 2023 | Jun 13, 2023 | $0.0710 | 0.287% |
3 | Dec 14, 2021 | Jun 09, 2022 | Jun 15, 2022 | $0.136 | 0.529% |
4 | Jan 12, 2021 | Dec 13, 2021 | Dec 17, 2021 | $0.256 | 0.555% |
5 | Jan 12, 2021 | Jun 10, 2021 | Jun 16, 2021 | $0.0520 | 0.109% |
FAQ
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