Allianzim U.s. Large Cap Buffer10 Apr ETF Forecast
Allianzim U.s. Large Cap Buffer10 Apr ETF price ended at $36.19 on Friday, after losing 0.0966%.
(Updated on Jun 28, 2024)
The Allianzim U.s. Large Cap Buffer10 Apr ETF price fell by -0.0966% on the last day (Friday, 28th Jun 2024) from $36.22 to $36.19. During the last trading day the ETF fluctuated 0.567% from a day low at $36.19 to a day high of $36.39. The price has fallen in 6 of the last 10 days but is still up by 0.58% 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 -5 thousand shares and in total, 3 thousand shares were bought and sold for approximately $115.61 thousand.
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 $36.25 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 6.32% during the next 3 months and, with a 90% probability hold a price between $37.54 and $38.55 at the end of this 3-month period.
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APRT Signals & Forecast
The Allianzim U.s. Large Cap Buffer10 Apr 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 $36.15 and $35.56. 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 Thursday, June 27, 2024, and so far it has fallen -0.0966%. Further fall is indicated until a new bottom pivot has been found. 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 Allianzim U.s. Large Cap Buffer10 Apr ETF
Allianzim U.s. Large Cap Buffer10 Apr finds support from accumulated volume at $35.22 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 $0.205 between high and low, or 0.567%. For the last week the ETF has had daily average volatility of 0.378%
Our recommended stop-loss: $34.93 (-3.47%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)
Trading Expectations (APRT) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Allianzim U.s. Large Cap Buffer10 Apr Etf to open at $36.25, and during the day (based on 14 day Average True Range), to move between $36.00 and $36.37, which gives a possible trading interval of +/-$0.181 (+/-0.50%) up or down from last closing price. If Allianzim U.s. Large Cap Buffer10 Apr Etf takes out the full calculated possible swing range there will be an estimated 1.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $36.22 (0.08%) than the support at $35.22 (2.67%), 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 Allianzim U.s. Large Cap Buffer10 Apr 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 Allianzim U.s. Large Cap Buffer10 Apr ETF to perform well in the short-term.
Current score: 1.966 Buy Candidate Unchanged
Predicted Opening Price for Allianzim U.s. Large Cap Buffer10 Apr Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $36.25 ( 0.189%) | $36.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for APRT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 36.46 | 0.755% |
| R2 | 36.38 | 0.539% |
| R1 | 36.33 | 0.405% |
| Price | 36.19 | |
| S1 | 36.18 | -0.0276% |
| S2 | 36.13 | -0.161% |
| S3 | 36.05 | -0.378% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 36.22 | 0.0967% |
| R1 | 36.22 | 0.0829% |
| Price | 36.19 | |
| S1 | 35.22 | -2.67% |
| S2 | 35.06 | -3.11% |
| S3 | 34.90 | -3.55% |
FAQ
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