Ishares Msci World Consumer Staples ETF Forecast
Evaluation of Ishares Msci World Consumer Staples ETF downgraded after the last trading session.
(Updated on Jun 28, 2024)
The Ishares Msci World Consumer Staples ETF price fell by -0.569% on the last day (Friday, 28th Jun 2024) from 5.27€ to 5.24€. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 0.725% from a day low at 5.24€ to a day high of 5.28€. The price has fallen in 6 of the last 10 days and is down by -1.13% for this period. Volume has increased on the last day by 27 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, 39 thousand shares were bought and sold for approximately 206.63€ thousand.
The ETF has broken the horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately 5.25€ is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
3SUE.F Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares Msci World Consumer Staples ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 5.31€ and 5.37€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 13, 2024, and so far it has fallen -4.55%. 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 Msci World Consumer Staples 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 Friday, December 29, 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 Friday, December 29, 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 Msci World Consumer Staples ETF
Ishares Msci World Consumer Staples finds support from accumulated volume at 5.22€ 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 0.0380€ between high and low, or 0.725%. For the last week the ETF has had daily average volatility of 0.87%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (3SUE.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Msci World Consumer Staples Sector Ucits Etf to open at 5.25€, and during the day (based on 14 day Average True Range), to move between 5.20€ and 5.28€, which gives a possible trading interval of +/-0.0420€ (+/-0.80%) up or down from last closing price. If Ishares Msci World Consumer Staples Sector 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 5.25€ (0.19%) than the support at 5.22€ (0.38%), 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 Msci World Consumer Staples Sector Ucits Etf ETF A Buy?
Ishares Msci World Consumer Staples holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -3.630 Sell Candidate Downgraded
Predicted Opening Price for Ishares Msci World Consumer Staples Sector Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
5.25€ ( 0.242%) | 5.24€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 3SUE.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 5.29 | 0.97% |
R2 | 5.28 | 0.690% |
R1 | 5.27 | 0.519% |
Price | 5.24 | |
S1 | 5.24 | -0.0353% |
S2 | 5.23 | -0.206% |
S3 | 5.21 | -0.483% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 5.34 | 1.91% |
R2 | 5.32 | 1.49% |
R1 | 5.25 | 0.191% |
Price | 5.24 | |
S1 | 5.22 | -0.382% |
S2 | 5.21 | -0.573% |
S3 | 0 | - |
3SUE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 14, 2023 | Dec 14, 2023 | Dec 29, 2023 | 0.0531€ | 1.01% |
2 | Jun 15, 2023 | Jun 15, 2023 | Jun 28, 2023 | 0.0609€ | 1.17% |
3 | Dec 15, 2022 | Dec 15, 2022 | Dec 30, 2022 | 0.0491€ | 0.94% |
4 | Jun 16, 2022 | Jun 16, 2022 | Jun 29, 2022 | 0.0605€ | 1.17% |
5 | Dec 16, 2021 | Dec 16, 2021 | Dec 31, 2021 | 0.0448€ | 0.84% |
FAQ
Click here for our free guide on how to buy Ishares Msci World Consumer Staples Sector Ucits Etf ETF.