Amundi Index Solutions - Amundi Index ETF Forecast
Stronger technical forecast for Amundi Index Solutions - Amundi Index ETF price after Friday trading.
(Updated on Jun 28, 2024)
The Amundi Index Solutions - Amundi Index ETF price gained 0.511% on the last trading day (Friday, 28th Jun 2024), rising from 65.91€ to 66.25€. During the last trading day the ETF fluctuated 0.488% from a day low at 66.19€ to a day high of 66.51€. The price has been going up and down for this period, and there has been a 1.14% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately 478.26€ thousand.
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 6.38% during the next 3 months and, with a 90% probability hold a price between 68.04€ and 72.58€ at the end of this 3-month period.
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AEME.PA Signals & Forecast
The Amundi Index Solutions - Amundi Index 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 66.17€ and 65.28€. 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). Amundi Index Solutions - Amundi Index has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 Wednesday, June 19, 2024, and so far it has fallen -0.648%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Thursday, December 07, 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, December 07, 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 Amundi Index Solutions - Amundi Index ETF
Amundi Index Solutions - Amundi Index finds support from accumulated volume at 63.12€ 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 0.323€ between high and low, or 0.488%. For the last week the ETF has had daily average volatility of 0.560%.
Our recommended stop-loss: 63.82€ (-3.67%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (AEME.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Amundi Index Solutions - Amundi Index Msci Emerging Markets Ucits Etf Dr to open at 66.32€, and during the day (based on 14 day Average True Range), to move between 65.73€ and 66.77€, which gives a possible trading interval of +/-0.522€ (+/-0.79%) up or down from last closing price. If Amundi Index Solutions - Amundi Index Msci Emerging Markets Ucits Etf Dr takes out the full calculated possible swing range there will be an estimated 1.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 66.33€ (0.13%) than the support at 63.12€ (4.72%), 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 Amundi Index Solutions - Amundi Index Msci Emerging Markets Ucits Etf Dr ETF A Buy?
Amundi Index Solutions - Amundi Index holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.268 Strong Buy Candidate Upgraded
Predicted Opening Price for Amundi Index Solutions - Amundi Index Msci Emerging Markets Ucits Etf Dr of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
66.32€ ( 0.0991%) | 66.25€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AEME.PA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 66.64 | 0.587% |
R2 | 66.52 | 0.400% |
R1 | 66.44 | 0.285% |
Price | 66.25 | |
S1 | 66.19 | -0.0871% |
S2 | 66.12 | -0.202% |
S3 | 65.99 | -0.388% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 66.46 | 0.311% |
R2 | 66.37 | 0.187% |
R1 | 66.33 | 0.125% |
Price | 66.25 | |
S1 | 63.12 | -4.72% |
S2 | 62.61 | -5.49% |
S3 | 61.20 | -7.62% |
FAQ
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