Ea Series Trust - Ea Bridgeway Omni 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
Ea Series Trust - Ea Bridgeway Omni ETF price ended at $19.95 on Tuesday, after losing 1.01%.
(Updated on Jun 25, 2024)
The Ea Series Trust - Ea Bridgeway Omni ETF price fell by -1.01% on the last day (Tuesday, 25th Jun 2024) from $20.15 to $19.95. During the last trading day the ETF fluctuated 0.83% from a day low at $19.91 to a day high of $20.07. The price has been going up and down for this period, and there has been a -1.93% 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 -121 thousand shares and in total, 153 thousand shares were bought and sold for approximately $3.06 million.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ea Series Trust - Ea Bridgeway Omni ETF with a 90% probability to be traded between $19.23 and $20.94 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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BSVO Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.704%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ea Series Trust - Ea Bridgeway Omni 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 $19.97 and $20.61. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Ea Series Trust - Ea Bridgeway Omni ETF
Ea Series Trust - Ea Bridgeway Omni finds support from accumulated volume at $19.82 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 $0.165 between high and low, or 0.83%. For the last week the ETF has had daily average volatility of 0.87%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BSVO) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ea Series Trust - Ea Bridgeway Omni Small Cap Value Etf Fund to open at $19.97, and during the day (based on 14 day Average True Range), to move between $19.66 and $20.23, which gives a possible trading interval of +/-$0.284 (+/-1.42%) up or down from last closing price. If Ea Series Trust - Ea Bridgeway Omni Small Cap Value Etf Fund takes out the full calculated possible swing range there will be an estimated 2.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $19.82 (0.64%) than the resistance at $20.34 (1.97%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ea Series Trust - Ea Bridgeway Omni Small Cap Value Etf Fund ETF A Buy?
Ea Series Trust - Ea Bridgeway Omni 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: -1.036 Sell Candidate Unchanged
Predicted Opening Price for Ea Series Trust - Ea Bridgeway Omni Small Cap Value Etf Fund of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $19.97 ( 0.136%) | $19.95 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BSVO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.14 | 0.96% |
| R2 | 20.08 | 0.648% |
| R1 | 20.04 | 0.452% |
| Price | 19.95 | |
| S1 | 19.91 | -0.180% |
| S2 | 19.87 | -0.375% |
| S3 | 19.81 | -0.691% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 20.57 | 3.12% |
| R2 | 20.47 | 2.62% |
| R1 | 20.34 | 1.97% |
| Price | 19.95 | |
| S1 | 19.82 | -0.635% |
| S2 | 19.81 | -0.699% |
| S3 | 19.57 | -1.89% |
BSVO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 19, 2023 | Dec 20, 2023 | Dec 22, 2023 | $0.300 | 1.42% |
FAQ
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