WisdomTree International AI Enh ETF Forecast
Red day on Wednesday for WisdomTree International AI Enh
(Updated on Jun 26, 2024)
The WisdomTree International AI Enh ETF price fell by -0.96% on the last day (Wednesday, 26th Jun 2024) from $39.73 to $39.35. During the last trading day the ETF fluctuated 0.377% from a day low at $39.30 to a day high of $39.45. The price has been going up and down for this period, and there has been a -2.77% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -4 thousand shares and in total, 5 thousand shares were bought and sold for approximately $197.30 thousand.
The ETF has broken the horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $39.83 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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AIVI Signals & Forecast
There are few to no technical positive signals at the moment. The WisdomTree International AI Enh 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 $40.30 and $41.21. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen -6.66%. 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 fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for WisdomTree International AI Enh ETF
WisdomTree International AI Enh finds support from accumulated volume at $39.31 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.148 between high and low, or 0.377%. For the last week the ETF has had daily average volatility of 0.259%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (AIVI) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect WisdomTree International AI Enh to open at $39.37, and during the day (based on 14 day Average True Range), to move between $38.96 and $39.74, which gives a possible trading interval of +/-$0.392 (+/-1.00%) up or down from last closing price. If WisdomTree International AI Enh 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 $39.31 (0.10%) than the resistance at $39.48 (0.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is WisdomTree International AI Enh ETF A Buy?
WisdomTree International AI Enh holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -3.780 Sell Candidate Unchanged
Predicted Opening Price for WisdomTree International AI Enh of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $39.37 ( 0.0438%) | $39.35 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AIVI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 39.52 | 0.421% |
| R2 | 39.46 | 0.277% |
| R1 | 39.42 | 0.188% |
| Price | 39.35 | |
| S1 | 39.31 | -0.100% |
| S2 | 39.28 | -0.189% |
| S3 | 39.22 | -0.333% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 42.16 | 7.13% |
| R2 | 39.73 | 0.97% |
| R1 | 39.48 | 0.330% |
| Price | 39.35 | |
| S1 | 39.31 | -0.104% |
| S2 | 0 | - |
| S3 | 0 | - |
AIVI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 22, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.195 | 0.475% |
| 2 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.365 | 0.91% |
| 3 | Sep 25, 2023 | Sep 25, 2023 | Sep 25, 2023 | $0.350 | 0.92% |
| 4 | Dec 09, 2022 | Jun 26, 2023 | Jun 29, 2023 | $0.97 | 2.50% |
| 5 | Dec 09, 2022 | Mar 27, 2023 | Mar 30, 2023 | $0.365 | 0.94% |
FAQ
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