WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A ETF Forecast

Red day on Tuesday for WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A ETF after losing 2.31%
(Updated on Jun 25, 2024)

DEW Signals & Forecast

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 WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A ETF 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 $50.54 and $50.94. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -3.51%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The ETF had a Golden Star Signal on Thursday, May 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, September 08, 2023.

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 WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A ETF

WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A finds support from accumulated volume at $49.91 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 $0.450 between high and low, or 0.90%. For the last week the ETF has had daily average volatility of 0.603%

Our recommended stop-loss: $47.08 (-6.17%) (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 (DEW) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A to open at $50.25, and during the day (based on 14 day Average True Range), to move between $49.75 and $50.60, which gives a possible trading interval of +/-$0.426 (+/-0.85%) up or down from last closing price. If WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A takes out the full calculated possible swing range there will be an estimated 1.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $50.43 (0.51%) than the support at $49.91 (0.53%), 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 WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A ETF A Buy?

WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.643 Hold/Accumulate Unchanged

Predicted Opening Price for WISDOMTREE GLOBAL HIGH DIVIDEND FUND N/A of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.