Ishares J.p. Morgan Esg $ Em Bond Ucits ETF Forecast
Red day on Monday for Ishares J.p. Morgan Esg $ Em Bond Ucits ETF after losing 0.665%
(Updated on Jun 17, 2024)
The Ishares J.p. Morgan Esg $ Em Bond Ucits ETF price fell by -0.665% on the last day (Monday, 17th Jun 2024) from 3.88€ to 3.85€. During the last trading day the ETF fluctuated 1.01% from a day low at 3.85€ to a day high of 3.89€. The price has risen in 7 of the last 10 days and is up by 1.59% over the past 2 weeks. Volume has increased on the last day by 15 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, 26 thousand shares were bought and sold for approximately 100.93€ thousand.
The ETF lies the upper part of a narrow and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 3.88€ will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.95% during the next 3 months and, with a 90% probability hold a price between 3.64€ and 3.76€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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36B1.F Signals & Forecast
The Ishares J.p. Morgan Esg $ Em Bond Ucits 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 3.84€ and 3.84€. 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 Friday, June 14, 2024, and so far it has fallen -0.665%. Further fall is indicated until a new bottom pivot has been found. Ishares J.p. Morgan Esg $ Em Bond Ucits 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 ETF had a Golden Star Signal on Thursday, August 24, 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 Thursday, August 24, 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 J.p. Morgan Esg $ Em Bond Ucits ETF
Ishares J.p. Morgan Esg $ Em Bond Ucits finds support from accumulated volume at 3.81€ 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 0.0390€ between high and low, or 1.01%. For the last week the ETF has had daily average volatility of 0.564%.
Our recommended stop-loss: 3.75€ (-2.61%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)
Trading Expectations (36B1.F) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Ishares J.p. Morgan Esg $ Em Bond Ucits Etf to open at 3.87€, and during the day (based on 14 day Average True Range), to move between 3.83€ and 3.87€, which gives a possible trading interval of +/-0.0202€ (+/-0.52%) up or down from last closing price. If Ishares J.p. Morgan Esg $ Em Bond Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 3.81€ (1.15%) than the resistance at 3.90€ (1.19%), 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 J.p. Morgan Esg $ Em Bond Ucits Etf ETF A Buy?
Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.
Current score: 1.284 Buy Candidate Unchanged
Predicted Opening Price for Ishares J.p. Morgan Esg $ Em Bond Ucits Etf of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| 3.87€ ( 0.337%) | 3.85€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 36B1.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.91 | 1.35% |
| R2 | 3.89 | 0.96% |
| R1 | 3.88 | 0.724% |
| Price | 3.85 | |
| S1 | 3.85 | -0.0492% |
| S2 | 3.84 | -0.288% |
| S3 | 3.83 | -0.675% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.92 | 1.70% |
| R2 | 3.91 | 1.45% |
| R1 | 3.90 | 1.19% |
| Price | 3.85 | |
| S1 | 3.81 | -1.15% |
| S2 | 3.79 | -1.67% |
| S3 | 3.77 | -2.13% |
36B1 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | 0.110€ | 0% |
| 2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | 0.103€ | 0% |
| 3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | 0.106€ | 0% |
| 4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | 0.0972€ | 0% |
| 5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | 0.0990€ | 0% |
FAQ
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