Dimensional Global Core Plus Fixed ETF Forecast
Dimensional Global Core Plus Fixed ETF price up 0.0938% on Tuesday
(Updated on Jun 25, 2024)
The Dimensional Global Core Plus Fixed ETF price gained 0.0938% on the last trading day (Tuesday, 25th Jun 2024), rising from $53.28 to $53.33. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.320% from a day low at $53.20 to a day high of $53.37. The price has risen in 8 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, 53 thousand more shares were traded than the day before. In total, 107 thousand shares were bought and sold for approximately $5.71 million.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $53.50 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Dimensional Global Core Plus Fixed ETF with a 90% probability to be traded between $52.78 and $53.97 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DFGP Signals & Forecast
The Dimensional Global Core Plus Fixed 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 $53.28 and $52.97. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -0.229%. Further fall is indicated until a new bottom pivot has been found. 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 Monday, June 03, 2024.
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
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 Monday, June 03, 2024.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, May 02, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 2024.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.
A sell signal from a double top formation was found on Friday, June 14, 2024 and based on theory for this formation the price should fall by -3.69% to $51.36 within 21 trading days since signal was issued (Wednesday, July 17, 2024).
Support, Risk & Stop-loss for Dimensional Global Core Plus Fixed ETF
Dimensional Global Core Plus Fixed finds support from accumulated volume at $53.16 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 $0.170 between high and low, or 0.320%. For the last week the ETF has had daily average volatility of 0.336%.
Our recommended stop-loss: $51.23 (-3.93%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (DFGP) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Dimensional Global Core Plus Fixed Income Etf to open at $53.30, and during the day (based on 14 day Average True Range), to move between $53.12 and $53.54, which gives a possible trading interval of +/-$0.209 (+/-0.39%) up or down from last closing price. If Dimensional Global Core Plus Fixed Income Etf takes out the full calculated possible swing range there will be an estimated 0.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $53.35 (0.04%) than the support at $53.16 (0.32%), 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 Dimensional Global Core Plus Fixed Income Etf ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Dimensional Global Core Plus Fixed ETF to perform well in the short-term period.
Current score: 3.057 Buy Candidate Unchanged
Predicted Opening Price for Dimensional Global Core Plus Fixed Income Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $53.30 ( 0.0563%) | $53.33 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DFGP
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 53.47 | 0.263% |
| R2 | 53.41 | 0.141% |
| R1 | 53.36 | 0.0655% |
| Price | 53.33 | |
| S1 | 53.24 | -0.178% |
| S2 | 53.19 | -0.253% |
| S3 | 53.13 | -0.375% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 53.45 | 0.229% |
| R2 | 53.38 | 0.0938% |
| R1 | 53.35 | 0.0375% |
| Price | 53.33 | |
| S1 | 53.16 | -0.319% |
| S2 | 52.69 | -1.20% |
| S3 | 52.12 | -2.27% |
DFGP Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 20, 2024 | May 21, 2024 | May 24, 2024 | $0.0834 | 0.158% |
| 2 | Apr 15, 2024 | Apr 16, 2024 | Apr 19, 2024 | $0.163 | 0.312% |
| 3 | Mar 18, 2024 | Mar 19, 2024 | Mar 22, 2024 | $0.141 | 0.265% |
| 4 | Feb 20, 2024 | Feb 21, 2024 | Feb 26, 2024 | $0.0669 | 0.127% |
| 5 | Dec 18, 2023 | Dec 19, 2023 | Dec 22, 2023 | $0.324 | 0.610% |
FAQ
Click here for our free guide on how to buy Dimensional Global Core Plus Fixed Income Etf ETF.
