American Century Select High Yield Etf 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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
Green day on Thursday for American Century Select High Yield Etf
(Updated on Jun 27, 2024)
The American Century Select High Yield Etf ETF price gained 0.0331% on the last trading day (Thursday, 27th Jun 2024), rising from $45.32 to $45.34. During the last trading day the ETF fluctuated 0.199% from a day low at $45.28 to a day high of $45.37. The price has risen in 6 of the last 10 days but is still down by -0.1% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately $62.74 thousand.
The ETF has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $45.35 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.
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AHYB Signals & Forecast
Mostly positive signals in the chart today. The American Century Select High Yield Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $45.37. On a fall, the ETF will find some support from the long-term average at approximately $45.26. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.182%. 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). American Century Select High Yield Etf 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 American Century Select High Yield Etf ETF
American Century Select High Yield Etf finds support from accumulated volume at $45.25 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 $0.0899 between high and low, or 0.199%. For the last week the ETF has had daily average volatility of 0.129%.
Our recommended stop-loss: $42.67 (-5.88%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (AHYB) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect American Century Select High Yield Etf to open at $45.33, and during the day (based on 14 day Average True Range), to move between $45.23 and $45.44, which gives a possible trading interval of +/-$0.104 (+/-0.23%) up or down from last closing price. If American Century Select High Yield Etf takes out the full calculated possible swing range there will be an estimated 0.46% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $45.37 (0.08%) than the support at $45.25 (0.18%), 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 American Century Select High Yield Etf ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for American Century Select High Yield Etf ETF to perform well in the short-term period.
Current score: 2.250 Buy Candidate Unchanged
Predicted Opening Price for American Century Select High Yield Etf of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
$45.33 ( 0.0146%) | $45.34 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AHYB
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 45.42 | 0.184% |
R2 | 45.38 | 0.108% |
R1 | 45.36 | 0.0611% |
Price | 45.34 | |
S1 | 45.29 | -0.0904% |
S2 | 45.27 | -0.137% |
S3 | 45.24 | -0.213% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 45.43 | 0.215% |
R2 | 45.39 | 0.121% |
R1 | 45.37 | 0.0796% |
Price | 45.34 | |
S1 | 45.25 | -0.179% |
S2 | 45.25 | -0.182% |
S3 | 45.19 | -0.320% |
AHYB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 01, 2024 | May 01, 2024 | May 03, 2024 | $0.244 | 0.540% |
2 | Mar 28, 2024 | Apr 01, 2024 | Apr 03, 2024 | $0.198 | 0.439% |
3 | Feb 29, 2024 | Mar 01, 2024 | Mar 05, 2024 | $0.216 | 0.476% |
4 | Jan 31, 2024 | Feb 01, 2024 | Feb 05, 2024 | $0.216 | 0.478% |
5 | Dec 15, 2023 | Dec 18, 2023 | Dec 21, 2023 | $0.210 | 0.462% |
FAQ
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