ISHARES CORE MODERATE ALLOCATION ETF Forecast
ISHARES CORE MODERATE ALLOCATION ETF upgraded to Buy Candidate.
(Updated on Jun 21, 2024)
The ISHARES CORE MODERATE ALLOCATION ETF price fell by -0.0232% on the last day (Friday, 21st Jun 2024) from $43.16 to $43.15. During the last trading day the ETF fluctuated 0.209% from a day low at $43.08 to a day high of $43.17. The price has risen in 6 of the last 10 days and is up by 0.44% over the past 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 -182 thousand shares and in total, 51 thousand shares were bought and sold for approximately $2.20 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 $43.28 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.53% during the next 3 months and, with a 90% probability hold a price between $42.97 and $44.38 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
AOM Signals & Forecast
The ISHARES CORE MODERATE ALLOCATION 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 $43.12 and $42.64. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.231%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for ISHARES CORE MODERATE ALLOCATION ETF
ISHARES CORE MODERATE ALLOCATION finds support from accumulated volume at $42.78 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 $0.0900 between high and low, or 0.209%. For the last week the ETF has had daily average volatility of 0.343%.
Our recommended stop-loss: $41.58 (-3.65%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 43 days ago.)
Trading Expectations (AOM) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect ISHARES CORE MODERATE ALLOCATION ETF to open at $43.13, and during the day (based on 14 day Average True Range), to move between $42.95 and $43.35, which gives a possible trading interval of +/-$0.196 (+/-0.45%) up or down from last closing price. If ISHARES CORE MODERATE ALLOCATION ETF takes out the full calculated possible swing range there will be an estimated 0.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $43.16 (0.02%) than the support at $42.78 (0.86%), 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 MODERATE 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 MODERATE ALLOCATION ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.492 Buy Candidate Upgraded
Predicted Opening Price for ISHARES CORE MODERATE ALLOCATION ETF of Monday, June 24, 2024
Fair opening price June 24, 2024 | Current price |
---|---|
$43.13 ( 0.0386%) | $43.15 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for AOM
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 43.22 | 0.170% |
R2 | 43.19 | 0.0903% |
R1 | 43.17 | 0.0411% |
Price | 43.15 | |
S1 | 43.10 | -0.118% |
S2 | 43.08 | -0.168% |
S3 | 43.04 | -0.247% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 43.25 | 0.232% |
R1 | 43.16 | 0.0232% |
Price | 43.15 | |
S1 | 42.78 | -0.86% |
S2 | 42.75 | -0.93% |
S3 | 41.44 | -3.96% |
AOM Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Nov 24, 2023 | Apr 02, 2024 | Apr 08, 2024 | $0.221 | 0.524% |
2 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.448 | 1.08% |
3 | Nov 25, 2022 | Oct 03, 2023 | Oct 10, 2023 | $0.215 | 0.553% |
4 | Nov 25, 2022 | Jul 05, 2023 | Jul 11, 2023 | $0.301 | 0.752% |
5 | Nov 25, 2022 | Apr 04, 2023 | Apr 10, 2023 | $0.193 | 0.485% |
FAQ
Click here for our free guide on how to buy ISHARES CORE MODERATE ALLOCATION ETF ETF.