ISHARES DOW JONES UBS ROLL SCI TR SHS Stock Forecast
ISHARES DOW JONES UBS ROLL SCI TR SHS stock price ended at $27.21 on Tuesday, after gaining 0.0920%.
(Updated on Jul 02, 2024)
The ISHARES DOW JONES UBS ROLL SCI TR SHS stock price gained 0.0920% on the last trading day (Tuesday, 2nd Jul 2024), rising from $27.18 to $27.21. During the last trading day the stock fluctuated 0.736% from a day low at $27.16 to a day high of $27.36. The price has been going up and down for this period, and there has been a 0.42% gain for the last 2 weeks. Volume fell on the last day by -16 thousand shares and in total, 31 thousand shares were bought and sold for approximately $846.65 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ISHARES DOW JONES UBS ROLL SCI TR SHS stock with a 90% probability to be traded between $26.15 and $27.52 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 stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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CMDT Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 1.82%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The ISHARES DOW JONES UBS ROLL SCI TR SHS stock 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 $27.25 and $27.30. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for ISHARES DOW JONES UBS ROLL SCI TR SHS stock
ISHARES DOW JONES UBS ROLL SCI TR SHS finds support from accumulated volume at $27.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock 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 stock During the last day, the stock moved $0.200 between high and low, or 0.736%. For the last week the stock has had daily average volatility of 0.632%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (CMDT) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect ISHARES DOW JONES UBS ROLL SCI TR SHS BEN INT to open at $27.24, and during the day (based on 14 day Average True Range), to move between $26.98 and $27.43, which gives a possible trading interval of +/-$0.229 (+/-0.84%) up or down from last closing price. If ISHARES DOW JONES UBS ROLL SCI TR SHS BEN INT takes out the full calculated possible swing range there will be an estimated 1.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $27.18 (0.09%) than the resistance at $27.30 (0.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is ISHARES DOW JONES UBS ROLL SCI TR SHS BEN INT stock A Buy?
ISHARES DOW JONES UBS ROLL SCI TR SHS 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 stock.
Current score: -1.227 Sell Candidate Unchanged
Predicted Opening Price for ISHARES DOW JONES UBS ROLL SCI TR SHS BEN INT of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $27.24 ( 0.135%) | $27.21 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CMDT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.44 | 0.87% |
| R2 | 27.37 | 0.589% |
| R1 | 27.32 | 0.415% |
| Price | 27.21 | |
| S1 | 27.17 | -0.146% |
| S2 | 27.12 | -0.319% |
| S3 | 27.04 | -0.600% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.69 | 1.78% |
| R2 | 27.57 | 1.34% |
| R1 | 27.30 | 0.349% |
| Price | 27.21 | |
| S1 | 27.18 | -0.0919% |
| S2 | 27.12 | -0.312% |
| S3 | 26.95 | -0.94% |
CMDT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 11, 2024 | Apr 01, 2024 | Apr 04, 2024 | $0.270 | 0.98% |
| 2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.310 | 1.20% |
| 3 | Dec 11, 2023 | Dec 11, 2023 | Dec 11, 2023 | $0.0320 | 0.124% |
| 4 | Sep 29, 2023 | Oct 02, 2023 | Oct 05, 2023 | $0.321 | 1.23% |
| 5 | Jun 30, 2023 | Jul 03, 2023 | Jul 07, 2023 | $0.0340 | 0.133% |
FAQ
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