ISHARES CORE CONSERVATIVE ALLOCATION 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:
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 ISHARES CORE CONSERVATIVE ALLOCATION
(Updated on Jun 27, 2024)
The ISHARES CORE CONSERVATIVE ALLOCATION ETF price gained 0.244% on the last trading day (Thursday, 27th Jun 2024), rising from $36.95 to $37.04. During the last trading day the ETF fluctuated 0.216% from a day low at $36.98 to a day high of $37.06. The price has risen in 6 of the last 10 days and is up by 0.26% 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, 8 thousand more shares were traded than the day before. In total, 42 thousand shares were bought and sold for approximately $1.56 million.
The ETF lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $37.16 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.76% during the next 3 months and, with a 90% probability hold a price between $37.42 and $38.19 at the end of this 3-month period.
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AOK Signals & Forecast
The ISHARES CORE CONSERVATIVE ALLOCATION 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 $37.06. On a fall, the ETF will find some support from the long-term average at approximately $36.76. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.242%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for ISHARES CORE CONSERVATIVE ALLOCATION ETF
ISHARES CORE CONSERVATIVE ALLOCATION finds support from accumulated volume at $36.89 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 $0.0800 between high and low, or 0.216%. For the last week the ETF has had daily average volatility of 0.237%.
Our recommended stop-loss: $35.54 (-4.05%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 47 days ago.)
Trading Expectations (AOK) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect ISHARES CORE CONSERVATIVE ALLOCATION ETF to open at $37.03, and during the day (based on 14 day Average True Range), to move between $36.89 and $37.19, which gives a possible trading interval of +/-$0.151 (+/-0.41%) up or down from last closing price. If ISHARES CORE CONSERVATIVE ALLOCATION ETF takes out the full calculated possible swing range there will be an estimated 0.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $37.06 (0.07%) than the support at $36.89 (0.40%), 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 CORE CONSERVATIVE ALLOCATION ETF ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ISHARES CORE CONSERVATIVE ALLOCATION ETF to perform well in the short-term.
Current score: 2.920 Buy Candidate Unchanged
Predicted Opening Price for ISHARES CORE CONSERVATIVE ALLOCATION ETF of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| $37.03 ( 0.0360%) | $37.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AOK
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 37.11 | 0.180% |
| R2 | 37.08 | 0.0975% |
| R1 | 37.06 | 0.0465% |
| Price | 37.04 | |
| S1 | 37.00 | -0.119% |
| S2 | 36.98 | -0.169% |
| S3 | 36.95 | -0.252% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 37.12 | 0.216% |
| R2 | 37.07 | 0.0810% |
| R1 | 37.06 | 0.0661% |
| Price | 37.04 | |
| S1 | 36.89 | -0.405% |
| S2 | 36.44 | -1.62% |
| S3 | 35.84 | -3.24% |
AOK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 08, 2024 | $0.0690 | 0.190% |
| 2 | Nov 23, 2023 | Apr 02, 2024 | Apr 08, 2024 | $0.0900 | 0.247% |
| 3 | Nov 23, 2023 | Mar 04, 2024 | Mar 08, 2024 | $0.0651 | 0.178% |
| 4 | Nov 23, 2023 | Feb 02, 2024 | Feb 08, 2024 | $0.0584 | 0.162% |
| 5 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.288 | 0.800% |
FAQ
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