Wisdomtree Europe Smallcap Dividend ETF Forecast

Wisdomtree Europe Smallcap Dividend ETF downgraded to Sell Candidate
(Updated on Jun 19, 2024)

DFEA.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Wisdomtree Europe Smallcap Dividend ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 20.46€ and 20.27€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Wisdomtree Europe Smallcap Dividend ETF

Wisdomtree Europe Smallcap Dividend finds support from accumulated volume at 19.24€ 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€ between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.243%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DFEA.L) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Wisdomtree Europe Smallcap Dividend Ucits Etf to open at 20.09€, and during the day (based on 14 day Average True Range), to move between 19.94€ and 20.24€, which gives a possible trading interval of +/-0.154€ (+/-0.76%) up or down from last closing price. If Wisdomtree Europe Smallcap Dividend Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.53% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 20.55€ (2.29%) than the support at 19.24€ (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 Wisdomtree Europe Smallcap Dividend Ucits Etf ETF A Buy?

The Wisdomtree Europe Smallcap Dividend ETF holds several negative signals and despite the positive trend, we believe Wisdomtree Europe Smallcap Dividend will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -3.212 Sell Candidate Downgraded

Predicted Opening Price for Wisdomtree Europe Smallcap Dividend Ucits Etf of Thursday, June 20, 2024

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