Ishares Bric 50 Ucits 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:
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
Red day on Friday for Ishares Bric 50 Ucits Etf ETF after losing 1.93%
(Updated on Jun 28, 2024)
The Ishares Bric 50 Ucits Etf ETF price fell by -1.93% on the last day (Friday, 28th Jun 2024) from 18.96 Fr to 18.60 Fr. During the last trading day the ETF fluctuated 0% from a day low at 18.60 Fr to a day high of 18.60 Fr. The price has risen in 4 of the last 10 days but is still down by -2.45% for this period. Volume has increased on the last day by 150 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 150 shares were bought and sold for approximately 2.79 Fr thousand.
The ETF lies in the lower of a narrow and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 18.57 Fr is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -4.70% during the next 3 months and, with a 90% probability hold a price between 17.70 Fr and 18.18 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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BRIC.SW Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares Bric 50 Ucits Etf 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 18.95 Fr and 19.23 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -4.00%. 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). Ishares Bric 50 Ucits Etf gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Ishares Bric 50 Ucits Etf ETF
There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.
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 Fr between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.125%.
Our recommended stop-loss: 17.77 Fr (-4.44%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (BRIC.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Bric 50 Ucits Etf to open at 18.60 Fr, and during the day (based on 14 day Average True Range), to move between 18.44 Fr and 18.75 Fr, which gives a possible trading interval of +/-0.155 Fr (+/-0.84%) up or down from last closing price. If Ishares Bric 50 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.67% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 19.18 Fr, some 0.586 Fr (3.15%) from the current price of 18.60 Fr, our system finds the risk reward not very attractive.
Is Ishares Bric 50 Ucits Etf ETF A Buy?
Ishares Bric 50 Ucits Etf holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ishares Bric 50 Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 18.60 Fr ( 0%) | 18.60 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BRIC.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.60 | - |
| R2 | 18.60 | - |
| R1 | 18.60 | - |
| Price | 18.60 | |
| S1 | 18.60 | - |
| S2 | 18.60 | - |
| S3 | 18.60 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 19.86 | 6.79% |
| R2 | 19.37 | 4.16% |
| R1 | 19.18 | 3.15% |
| Price | 18.60 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
BRIC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 16, 2024 | 0.147 Fr | 0.720% |
| 2 | Nov 16, 2023 | Nov 16, 2023 | Nov 16, 2023 | 0.311 Fr | 1.66% |
| 3 | May 19, 2023 | May 19, 2023 | May 19, 2023 | 0.164 Fr | 0.84% |
| 4 | Nov 17, 2022 | Nov 17, 2022 | Nov 17, 2022 | 0.570 Fr | 3.07% |
| 5 | May 12, 2022 | May 12, 2022 | May 12, 2022 | 0.154 Fr | 0.764% |
FAQ
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