Lyxor Msci All Country World Ucits Etf ETF Forecast

Lyxor Msci All Country World Ucits Etf ETF downgraded from Strong Buy Candidate to Buy Candidate after Tuesday trading session.
(Updated on Jun 25, 2024)

ACWU.L Signals & Forecast

The Lyxor Msci All Country World Ucits Etf 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 $338.76 and $333.48. 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, June 24, 2024, and so far it has fallen -0.352%. Further fall is indicated until a new bottom pivot has been found. Lyxor Msci All Country World Ucits Etf 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".

Support, Risk & Stop-loss for Lyxor Msci All Country World Ucits Etf ETF

Lyxor Msci All Country World Ucits Etf finds support from accumulated volume at $329.10 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 $0.125 between high and low, or 0.0368%. For the last week the ETF has had daily average volatility of 0.0631%.

The Lyxor Msci All Country World Ucits Etf ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $331.14 (-2.63%) (This ETF has low daily movements and this gives low risk. The RSI14 is 76 and this increases the risk substantially. There is a sell signal from a pivot top found 41 days ago.)

Trading Expectations (ACWU.L) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Lyxor Msci All Country World Ucits Etf Usd Acc to open at $340.03, and during the day (based on 14 day Average True Range), to move between $338.43 and $341.72, which gives a possible trading interval of +/-$1.65 (+/-0.48%) up or down from last closing price. If Lyxor Msci All Country World Ucits Etf Usd Acc takes out the full calculated possible swing range there will be an estimated 0.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $340.63 (0.16%) than the support at $329.10 (3.23%), 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 Lyxor Msci All Country World Ucits Etf Usd Acc 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 Lyxor Msci All Country World Ucits Etf ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.579 Buy Candidate Downgraded

Predicted Opening Price for Lyxor Msci All Country World Ucits Etf Usd Acc of Wednesday, June 26, 2024

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