Ishares Ageing Population Ucits Etf ETF Forecast
Red day on Wednesday for Ishares Ageing Population Ucits Etf
(Updated on Jun 26, 2024)
The Ishares Ageing Population Ucits Etf ETF price fell by -0.798% on the last day (Wednesday, 26th Jun 2024) from $7.21 to $7.15. During the last trading day the ETF fluctuated 0.98% from a day low at $7.15 to a day high of $7.22. The price has been going up and down for this period, and there has been a -1.58% loss for the last 2 weeks. Volume has increased on the last day by 1 million 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 $9.82 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 3.25% during the next 3 months and, with a 90% probability hold a price between $7.16 and $7.65 at the end of this 3-month period.
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AGED.L Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares Ageing Population Ucits Etf 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 $7.18 and $7.19. 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 20, 2024, and so far it has fallen -2.15%. 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). 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 Ageing Population Ucits Etf ETF
Ishares Ageing Population Ucits Etf finds support from accumulated volume at $7.12 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 $0.0700 between high and low, or 0.98%. For the last week the ETF has had daily average volatility of 0.789%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AGED.L) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Ishares Ageing Population Ucits Etf to open at $7.18, and during the day (based on 14 day Average True Range), to move between $7.08 and $7.22, which gives a possible trading interval of +/-$0.0708 (+/-0.99%) up or down from last closing price. If Ishares Ageing Population Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $7.18 (0.38%) than the support at $7.12 (0.45%), 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 Ageing Population Ucits Etf ETF A Buy?
The Ishares Ageing Population Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Ishares Ageing Population Ucits Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -2.447 Sell Candidate Unchanged
Predicted Opening Price for Ishares Ageing Population Ucits Etf of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $7.18 ( 0.326%) | $7.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AGED.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.25 | 1.30% |
| R2 | 7.22 | 0.93% |
| R1 | 7.20 | 0.700% |
| Price | 7.15 | |
| S1 | 7.15 | -0.0476% |
| S2 | 7.13 | -0.279% |
| S3 | 7.11 | -0.652% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.28 | 1.78% |
| R2 | 7.25 | 1.36% |
| R1 | 7.18 | 0.384% |
| Price | 7.15 | |
| S1 | 7.12 | -0.454% |
| S2 | 6.89 | -3.67% |
| S3 | 6.83 | -4.51% |
FAQ
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