Pacer Us Large Cap Cash Cows Growth 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
Green day on Tuesday for Pacer Us Large Cap Cash Cows Growth ETF after gaining 0.86%
(Updated on Jun 25, 2024)
The Pacer Us Large Cap Cash Cows Growth ETF price gained 0.86% on the last trading day (Tuesday, 25th Jun 2024), rising from $26.81 to $27.04. During the last trading day the ETF fluctuated 0.464% from a day low at $26.92 to a day high of $27.04. The price has been going up and down for this period, and there has been a 1.65% gain for the last 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 28 thousand shares were bought and sold for approximately $750.50 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 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 4.66% during the next 3 months and, with a 90% probability hold a price between $27.85 and $28.83 at the end of this 3-month period.
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COWG Signals & Forecast
A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.99%. 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). 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. The Pacer Us Large Cap Cash Cows Growth ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $27.06. On a fall, the ETF will find some support from the long-term average at approximately $24.94. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.
Support, Risk & Stop-loss for Pacer Us Large Cap Cash Cows Growth ETF
Pacer Us Large Cap Cash Cows Growth finds support from accumulated volume at $26.66 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 $0.125 between high and low, or 0.464%. For the last week the ETF has had daily average volatility of 0.745%
Our recommended stop-loss: $26.21 (-3.08%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (COWG) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Pacer Us Large Cap Cash Cows Growth Leaders Etf to open at $27.00, and during the day (based on 14 day Average True Range), to move between $26.75 and $27.33, which gives a possible trading interval of +/-$0.293 (+/-1.08%) up or down from last closing price. If Pacer Us Large Cap Cash Cows Growth Leaders Etf takes out the full calculated possible swing range there will be an estimated 2.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $27.09 (0.18%) than the support at $26.66 (1.41%), 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 Pacer Us Large Cap Cash Cows Growth Leaders Etf ETF A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 1.394 Buy Candidate Unchanged
Predicted Opening Price for Pacer Us Large Cap Cash Cows Growth Leaders Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $27.00 ( 0.154%) | $27.04 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for COWG
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.12 | 0.308% |
| R2 | 27.08 | 0.132% |
| R1 | 27.05 | 0.0225% |
| Price | 27.04 | |
| S1 | 26.95 | -0.331% |
| S2 | 26.92 | -0.440% |
| S3 | 26.87 | -0.616% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.31 | 1.00% |
| R2 | 27.19 | 0.555% |
| R1 | 27.09 | 0.185% |
| Price | 27.04 | |
| S1 | 26.66 | -1.41% |
| S2 | 26.44 | -2.22% |
| S3 | 26.43 | -2.26% |
COWG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 20, 2024 | Mar 21, 2024 | Mar 27, 2024 | $0.0252 | 0.0968% |
| 2 | Dec 26, 2023 | Dec 27, 2023 | Jan 03, 2024 | $0.0425 | 0.183% |
| 3 | Sep 20, 2023 | Sep 21, 2023 | Sep 27, 2023 | $0.0223 | 0.105% |
| 4 | Jun 21, 2023 | Jun 22, 2023 | Jun 28, 2023 | $0.0235 | 0.111% |
| 5 | Mar 22, 2023 | Mar 23, 2023 | Mar 29, 2023 | $0.0235 | 0.117% |
FAQ
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