Ishares Ageing Population Ucits Etf ETF Forecast

Green day on Thursday for Ishares Ageing Population Ucits Etf
(Updated on Jun 20, 2024)

2B77.F Signals & Forecast

The Ishares Ageing Population Ucits Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 6.65€ and 6.65€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -0.684%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The ETF had a Golden Star Signal on Wednesday, August 30, 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 Ageing Population Ucits Etf ETF

Ishares Ageing Population Ucits Etf finds support from accumulated volume at 6.65€ 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved 0.0320€ between high and low, or 0.481%. For the last week the ETF has had daily average volatility of 0.632%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (2B77.F) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Ishares Ageing Population Ucits Etf to open at 6.68€, and during the day (based on 14 day Average True Range), to move between 6.63€ and 6.74€, which gives a possible trading interval of +/-0.0534€ (+/-0.80%) up or down from last closing price. If Ishares Ageing Population Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 6.70€ (0.24%) than the support at 6.65€ (0.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ishares Ageing Population Ucits Etf ETF A Buy?

Ishares Ageing Population Ucits Etf holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -1.635 Sell Candidate Unchanged

Predicted Opening Price for Ishares Ageing Population Ucits Etf of Friday, June 21, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.