Ishares Ageing Population Ucits Etf ETF Forecast

Red day on Friday for Ishares Ageing Population Ucits Etf ETF after losing 0.0879%
(Updated on Jun 28, 2024)

AGES.L Signals & Forecast

The Ishares Ageing Population 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 £567.30 and £566.78. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.84%. 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. 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 £565.50 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 £3.36 between high and low, or 0.592%. For the last week the ETF has had daily average volatility of 0.428%.

Our recommended stop-loss: £541.93 (-4.67%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (AGES.L) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ishares Ageing Population Ucits Etf to open at £569.45, and during the day (based on 14 day Average True Range), to move between £564.35 and £572.65, which gives a possible trading interval of +/-£4.15 (+/-0.73%) 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 1.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £569.38 (0.15%) than the support at £565.50 (0.53%), 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?

Ishares Ageing Population Ucits Etf holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Ishares Ageing Population Ucits Etf of Monday, July 1, 2024

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