Xtrackers Harvest Ftse China A-h 50 ETF Forecast
Xtrackers Harvest Ftse China A-h 50 ETF price ended at 22.70€ on Wednesday, after gaining 0.0661%.
(Updated on Jun 26, 2024)
The Xtrackers Harvest Ftse China A-h 50 ETF price gained 0.0661% on the last trading day (Wednesday, 26th Jun 2024), rising from 22.69€ to 22.70€. During the last trading day the ETF fluctuated 0.374% from a day low at 22.70€ to a day high of 22.79€. The price has risen in 6 of the last 10 days and is up by 0.33% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 220 more shares were traded than the day before. In total, 244 shares were bought and sold for approximately 5.54€ thousand.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 22.62€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 4.69% during the next 3 months and, with a 90% probability hold a price between 23.68€ and 25.83€ at the end of this 3-month period.
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AH50.F Signals & Forecast
There are mixed signals in the ETF today. The Xtrackers Harvest Ftse China A-h 50 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 22.79€ and 23.17€. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 1.09%. 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). Xtrackers Harvest Ftse China A-h 50 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Xtrackers Harvest Ftse China A-h 50 ETF
Xtrackers Harvest Ftse China A-h 50 finds support from accumulated volume at 22.63€ 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 0.0850€ between high and low, or 0.374%. For the last week the ETF has had daily average volatility of 0.766%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AH50.F) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Xtrackers Harvest Ftse China A-h 50 Ucits Etf to open at 22.73€, and during the day (based on 14 day Average True Range), to move between 22.47€ and 22.93€, which gives a possible trading interval of +/-0.226€ (+/-1.00%) up or down from last closing price. If Xtrackers Harvest Ftse China A-h 50 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 22.63€ (0.31%) than the resistance at 22.90€ (0.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Xtrackers Harvest Ftse China A-h 50 Ucits Etf ETF A Buy?
Xtrackers Harvest Ftse China A-h 50 holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -1.553 Sell Candidate Unchanged
Predicted Opening Price for Xtrackers Harvest Ftse China A-h 50 Ucits Etf of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| 22.73€ ( 0.125%) | 22.70€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AH50.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 22.81 | 0.499% |
| R2 | 22.78 | 0.356% |
| R1 | 22.76 | 0.268% |
| Price | 22.70 | |
| S1 | 22.70 | -0.0182% |
| S2 | 22.68 | -0.107% |
| S3 | 22.64 | -0.250% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.17 | 6.48% |
| R2 | 23.71 | 4.45% |
| R1 | 22.90 | 0.88% |
| Price | 22.70 | |
| S1 | 22.63 | -0.308% |
| S2 | 22.63 | -0.330% |
| S3 | 21.76 | -4.14% |
AH50 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Feb 21, 2024 | Mar 07, 2024 | 0.330€ | 0% |
| 2 | Aug 23, 2023 | Aug 23, 2023 | Sep 07, 2023 | 0.252€ | 0% |
| 3 | Feb 08, 2023 | Feb 08, 2023 | Feb 24, 2023 | 0.342€ | 0% |
| 4 | Aug 10, 2022 | Aug 10, 2022 | Aug 25, 2022 | 0.256€ | 0% |
| 5 | Apr 27, 2022 | Apr 27, 2022 | May 03, 2022 | 0.537€ | 0% |
FAQ
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