Amundi Index Solutions - Amundi Msci 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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
Amundi Index Solutions - Amundi Msci ETF upgraded to Buy Candidate.
(Updated on Jun 28, 2024)
The Amundi Index Solutions - Amundi Msci ETF price gained 0.86% on the last trading day (Friday, 28th Jun 2024), rising from 576.90€ to 581.86€. During the last trading day the ETF fluctuated 0.0006% from a day low at 581.86€ to a day high of 581.86€. The price has risen in 7 of the last 10 days and is up by 1.94% 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, 2 more shares were traded than the day before. In total, 40 shares were bought and sold for approximately 23.27€ thousand.
The ETF lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 5.77% during the next 3 months and, with a 90% probability hold a price between 606.81€ and 623.15€ at the end of this 3-month period.
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CE8.PA Signals & Forecast
Mostly positive signals in the chart today. The Amundi Index Solutions - Amundi Msci 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 577.47€ and 565.04€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 5.99%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Amundi Index Solutions - Amundi Msci has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Wednesday, June 05, 2024 in the short-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
The ETF had a Golden Star Signal on Wednesday, June 05, 2024 in the short-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 Amundi Index Solutions - Amundi Msci ETF
Amundi Index Solutions - Amundi Msci finds support from accumulated volume at 570.77€ 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 0.0033€ between high and low, or 0.0006%. For the last week the ETF has had daily average volatility of 0.279%.
Our recommended stop-loss: 555.56€ (-4.52%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)
Trading Expectations (CE8.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Amundi Index Solutions - Amundi Msci World Ex Europe to open at 581.86€, and during the day (based on 14 day Average True Range), to move between 578.79€ and 584.93€, which gives a possible trading interval of +/-3.07€ (+/-0.53%) up or down from last closing price. If Amundi Index Solutions - Amundi Msci World Ex Europe takes out the full calculated possible swing range there will be an estimated 1.06% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 570.77€, some 11.09€ (1.91%) from the current price of 581.86€, our system finds the risk reward attractive.
Is Amundi Index Solutions - Amundi Msci World Ex Europe 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 Amundi Index Solutions - Amundi Msci 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: 3.264 Buy Candidate Upgraded
Predicted Opening Price for Amundi Index Solutions - Amundi Msci World Ex Europe of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
581.86€ ( 0.0002%) | 581.86€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CE8.PA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 581.86 | 0.0008% |
R2 | 581.86 | 0.0005% |
R1 | 581.86 | 0.0004% |
Price | 581.86 | |
S1 | 581.86 | -0.00002760% |
S2 | 581.86 | -0.0002% |
S3 | 581.86 | -0.0004% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 0 | - |
R2 | 0 | - |
R1 | 0 | - |
Price | 581.86 | |
S1 | 570.77 | -1.91% |
S2 | 568.65 | -2.27% |
S3 | 555.54 | -4.52% |
FAQ
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