Xtrackers MSCI Emerging Markets Hedged 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
Xtrackers MSCI Emerging Markets Hedged ETF price ended at $24.36 on Thursday, after gaining 1.68%.
(Updated on May 02, 2024)
The Xtrackers MSCI Emerging Markets Hedged ETF price gained 1.68% on the last trading day (Thursday, 2nd May 2024), rising from $23.96 to $24.36. During the last trading day the ETF fluctuated 1.66% from a day low at $24.13 to a day high of $24.53. The price has risen in 8 of the last 10 days and is up by 4.92% over the past 2 weeks. Volume fell on the last day by -12 thousand shares and in total, 41 thousand shares were bought and sold for approximately $1.01 million. 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 upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $24.51 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 4.09% during the next 3 months and, with a 90% probability hold a price between $24.19 and $25.52 at the end of this 3-month period.
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DBEM Signals & Forecast
The Xtrackers MSCI Emerging Markets Hedged 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 $23.97 and $23.77. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 5.60%. 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. 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. The ETF had a Golden Star Signal on Thursday, June 01, 2023 in the long-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 12 Months
The ETF had a Golden Star Signal on Thursday, June 01, 2023 in the long-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 Xtrackers MSCI Emerging Markets Hedged ETF
Xtrackers MSCI Emerging Markets Hedged finds support from accumulated volume at $23.52 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 $0.400 between high and low, or 1.66%. For the last week the ETF has had daily average volatility of 1.00%
Our recommended stop-loss: $23.35 (-4.15%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (DBEM) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Xtrackers MSCI Emerging Markets Hedged Equity ETF to open at $24.34, and during the day (based on 14 day Average True Range), to move between $24.08 and $24.65, which gives a possible trading interval of +/-$0.283 (+/-1.16%) up or down from last closing price. If Xtrackers MSCI Emerging Markets Hedged Equity ETF takes out the full calculated possible swing range there will be an estimated 2.33% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $23.52, some $0.84 (3.46%) from the current price of $24.36, our system finds the risk reward attractive.
Is Xtrackers MSCI Emerging Markets Hedged Equity 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 Xtrackers MSCI Emerging Markets Hedged ETF to perform well in the short-term.
Current score: 4.034 Buy Candidate Unchanged
Predicted Opening Price for Xtrackers MSCI Emerging Markets Hedged Equity ETF of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $24.34 ( 0.0878%) | $24.36 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DBEM
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 24.74 | 1.55 % | |
| R2 | 24.59 | 0.93 % | ||
| R1 | 24.49 | 0.539 % | ||
| Current price: | 24.36 | |||
| Support | S1 | 24.19 | -0.715 % | |
| S2 | 24.09 | -1.10 % | ||
| S3 | 23.94 | -1.73 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0 | . | |
| R2 | 0 | . | ||
| R1 | 0 | . | ||
| Current price | 24.36 | |||
| Support | S1 | 23.52 | -3.46% | |
| S2 | 23.10 | -5.18% | ||
| S3 | 23.07 | -5.30% |
DBEM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 15, 2023 | Dec 15, 2023 | Dec 15, 2023 | $0.288 | 1.28% |
| 2 | Mar 07, 2023 | Jun 23, 2023 | Jun 30, 2023 | $0.301 | 1.33% |
| 3 | Mar 04, 2022 | Dec 16, 2022 | Dec 23, 2022 | $0.295 | 1.37% |
| 4 | Mar 04, 2022 | Jun 24, 2022 | Jul 01, 2022 | $0.272 | 1.22% |
| 5 | Dec 16, 2021 | Dec 17, 2021 | Dec 27, 2021 | $0.236 | 0.89% |
FAQ
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