iShares MSCI ACWI ex US Index Fund ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
iShares MSCI ACWI ex US Index Fund ETF price ended at $52.03 on Wednesday, after losing 0.115%.
(Updated on May 01, 2024)
The iShares MSCI ACWI ex US Index Fund ETF price fell by -0.115% on the last day (Wednesday, 1st May 2024) from $52.09 to $52.03. During the last trading day the ETF fluctuated 1.37% from a day low at $51.92 to a day high of $52.63. The price has fallen in 6 of the last 10 days but is still up by 1.62% over the past 2 weeks. Volume has increased on the last day by 361 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, 1 million shares were bought and sold for approximately $61.40 million.
The ETF lies in the middle of a 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 3.14% during the next 3 months and, with a 90% probability hold a price between $52.99 and $55.82 at the end of this 3-month period.
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ACWX Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 1.70%. Further rise is indicated until a new top pivot has been found. 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. The iShares MSCI ACWI ex US Index Fund 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 $52.29 and $52.63. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for iShares MSCI ACWI ex US Index Fund ETF
iShares MSCI ACWI ex US Index Fund finds support from accumulated volume at $51.72 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 $0.710 between high and low, or 1.37%. For the last week the ETF has had daily average volatility of 0.95%.
Our recommended stop-loss: $49.54 (-4.79%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (ACWX) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect iShares MSCI ACWI ex US Index Fund to open at $52.19, and during the day (based on 14 day Average True Range), to move between $51.49 and $52.57, which gives a possible trading interval of +/-$0.544 (+/-1.05%) up or down from last closing price. If iShares MSCI ACWI ex US Index Fund takes out the full calculated possible swing range there will be an estimated 2.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $52.26 (0.44%) than the support at $51.72 (0.60%), 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 ACWI ex US Index Fund ETF A Buy?
iShares MSCI ACWI ex US Index Fund holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.832 Hold/Accumulate Unchanged
Predicted Opening Price for iShares MSCI ACWI ex US Index Fund of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $52.19 ( 0.314%) | $52.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ACWX
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 52.90 | 1.68 % | |
| R2 | 52.63 | 1.16 % | ||
| R1 | 52.46 | 0.84 % | ||
| Current price: | 52.03 | |||
| Support | S1 | 51.92 | -0.207 % | |
| S2 | 51.75 | -0.529 % | ||
| S3 | 51.48 | -1.05 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 52.91 | 1.69 % | |
| R2 | 52.82 | 1.52 % | ||
| R1 | 52.26 | 0.442 % | ||
| Current price | 52.03 | |||
| Support | S1 | 51.72 | -0.596% | |
| S2 | 51.68 | -0.673% | ||
| S3 | 51.20 | -1.60% |
ACWX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2023 | Dec 20, 2023 | Dec 27, 2023 | $0.714 | 1.40% |
| 2 | Jun 06, 2023 | Jun 07, 2023 | Jun 13, 2023 | $0.798 | 1.61% |
| 3 | Dec 12, 2022 | Dec 13, 2022 | Dec 19, 2022 | $0.382 | 0.84% |
| 4 | Jun 08, 2022 | Jun 09, 2022 | Jun 15, 2022 | $0.84 | 1.83% |
| 5 | Dec 29, 2021 | Dec 30, 2021 | Jan 05, 2022 | $0.0850 | 0.153% |
FAQ
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