Ishares Vii Plc - Ishares Core 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:
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 Friday for Ishares Vii Plc - Ishares Core Msci ETF after gaining 0.253%
(Updated on Jun 28, 2024)
The Ishares Vii Plc - Ishares Core Msci ETF price gained 0.253% on the last trading day (Friday, 28th Jun 2024), rising from £13,818.00 to £13,853.00. During the last trading day the ETF fluctuated 0.638% from a day low at £13,801.00 to a day high of £13,889.00. The price has risen in 4 of the last 10 days and is up by 1.39% 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, 1 thousand more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately £16.03 million.
The ETF lies in the middle of a 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 3.67% during the next 3 months and, with a 90% probability hold a price between £13,943.83 and £14,953.47 at the end of this 3-month period.
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CPJ1.L Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares Vii Plc - Ishares Core Msci ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at £13,867.67. On a fall, the ETF will find some support from the short-term average at £13,833.50. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -2.47%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Ishares Vii Plc - Ishares Core Msci ETF
Ishares Vii Plc - Ishares Core Msci finds support from accumulated volume at £13,844.00 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 £88.00 between high and low, or 0.638%. For the last week the ETF has had daily average volatility of 0.405%.
Our recommended stop-loss: £13,099.13 (-5.44%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)
Trading Expectations (CPJ1.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Vii Plc - Ishares Core Msci Pacific Ex-japan Ucits Etf to open at £13,847.67, and during the day (based on 14 day Average True Range), to move between £13,756.76 and £13,949.24, which gives a possible trading interval of +/-£96.24 (+/-0.69%) up or down from last closing price. If Ishares Vii Plc - Ishares Core Msci Pacific Ex-japan Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £13,853.50 (0.00%) than the support at £13,844.00 (0.06%), 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 Ishares Vii Plc - Ishares Core Msci Pacific Ex-japan Ucits Etf ETF A Buy?
Ishares Vii Plc - Ishares Core Msci holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, 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 Vii Plc - Ishares Core Msci Pacific Ex-japan Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
£13,847.67 ( 0.0385%) | £13,853.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CPJ1.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 13,935.67 | 0.597% |
R2 | 13,902.05 | 0.354% |
R1 | 13,881.28 | 0.204% |
Price | 13,853.00 | |
S1 | 13,814.05 | -0.281% |
S2 | 13,793.28 | -0.431% |
S3 | 13,759.67 | -0.674% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 14,196.00 | 2.48% |
R2 | 14,107.50 | 1.84% |
R1 | 13,853.50 | 0.0036% |
Price | 13,853.00 | |
S1 | 13,844.00 | -0.0650% |
S2 | 13,449.50 | -2.91% |
S3 | 13,158.00 | -5.02% |
FAQ
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