Lyxor Index Fund - Lyxor Stoxx Europe ETF Forecast
Lyxor Index Fund - Lyxor Stoxx Europe ETF price ended at 130.88€ on Friday, after gaining 0.600%.
(Updated on Jun 28, 2024)
The Lyxor Index Fund - Lyxor Stoxx Europe ETF price gained 0.600% on the last trading day (Friday, 28th Jun 2024), rising from 130.10€ to 130.88€. During the last trading day the ETF fluctuated 0.86% from a day low at 130.06€ to a day high of 131.18€. The price has risen in 6 of the last 10 days and is up by 1% 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, 676 more shares were traded than the day before. In total, 947 shares were bought and sold for approximately 123.94€ thousand.
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 8.32% during the next 3 months and, with a 90% probability hold a price between 135.32€ and 147.63€ at the end of this 3-month period.
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CSTA.F Signals & Forecast
The Lyxor Index Fund - Lyxor Stoxx Europe 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 130.18€ and 128.92€. A breakdown below any of these levels will issue sell signals. Lyxor Index Fund - Lyxor Stoxx Europe 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. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -2.52%. 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).
Support, Risk & Stop-loss for Lyxor Index Fund - Lyxor Stoxx Europe ETF
Lyxor Index Fund - Lyxor Stoxx Europe finds support from accumulated volume at 125.34€ 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 1.12€ between high and low, or 0.86%. For the last week the ETF has had daily average volatility of 0.99%.
Our recommended stop-loss: 123.66€ (-5.52%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 49 days ago.)
Trading Expectations (CSTA.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Lyxor Index Fund - Lyxor Stoxx Europe 600 Technology Ucits Etf to open at 130.71€, and during the day (based on 14 day Average True Range), to move between 129.34€ and 132.42€, which gives a possible trading interval of +/-1.54€ (+/-1.18%) up or down from last closing price. If Lyxor Index Fund - Lyxor Stoxx Europe 600 Technology Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.36% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 131.18€ (0.23%) than the support at 125.34€ (4.23%), 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 Lyxor Index Fund - Lyxor Stoxx Europe 600 Technology Ucits Etf 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 Lyxor Index Fund - Lyxor Stoxx Europe ETF to perform well in the short-term.
Current score: 3.638 Buy Candidate Unchanged
Predicted Opening Price for Lyxor Index Fund - Lyxor Stoxx Europe 600 Technology Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 130.71€ ( 0.132%) | 130.88€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CSTA.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 131.83 | 0.723% |
| R2 | 131.40 | 0.396% |
| R1 | 131.13 | 0.194% |
| Price | 130.88 | |
| S1 | 130.28 | -0.459% |
| S2 | 130.01 | -0.661% |
| S3 | 129.59 | -0.99% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 134.26 | 2.58% |
| R2 | 131.72 | 0.642% |
| R1 | 131.18 | 0.229% |
| Price | 130.88 | |
| S1 | 125.34 | -4.23% |
| S2 | 123.22 | -5.85% |
| S3 | 116.82 | -10.74% |
CSTA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 12, 2023 | Dec 12, 2023 | Dec 15, 2023 | 0.660€ | 0% |
| 2 | Dec 07, 2022 | Dec 07, 2022 | Dec 09, 2022 | 0.190€ | 0% |
| 3 | Jul 06, 2022 | Jul 06, 2022 | Jul 08, 2022 | 0.690€ | 0% |
| 4 | Jul 07, 2021 | Jul 07, 2021 | Jul 09, 2021 | 0.620€ | 0% |
FAQ
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