Dimensional Global Ex Us Core Fixed ETF Forecast
Evaluation of Dimensional Global Ex Us Core Fixed ETF downgraded after the last trading session.
(Updated on Jun 25, 2024)
The Dimensional Global Ex Us Core Fixed ETF price fell by -0.116% on the last day (Tuesday, 25th Jun 2024) from $52.83 to $52.77. During the last trading day the ETF fluctuated 0.189% from a day low at $52.73 to a day high of $52.83. The price has risen in 6 of the last 10 days and is up by 1.13% over the past 2 weeks. Volume has increased on the last day by 2 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 31 thousand shares were bought and sold for approximately $1.64 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 $52.83 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Dimensional Global Ex Us Core Fixed ETF with a 90% probability to be traded between $51.82 and $52.75 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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DFGX Signals & Forecast
The Dimensional Global Ex Us Core 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 $52.76 and $52.51. 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). 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 Monday, June 24, 2024, and so far it has fallen -0.116%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 13, 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 Monday, June 24, 2024 and based on theory for this formation the price should fall by -2.26% to $51.58 within 26 trading days since signal was issued (Wednesday, July 31, 2024).
Support, Risk & Stop-loss for Dimensional Global Ex Us Core Fixed ETF
Dimensional Global Ex Us Core Fixed finds support from accumulated volume at $52.28 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 $0.0999 between high and low, or 0.189%. For the last week the ETF has had daily average volatility of 0.191%.
Our recommended stop-loss: $51.24 (-2.90%) (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 (DFGX) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Dimensional Global Ex Us Core Fixed Income Etf to open at $52.78, and during the day (based on 14 day Average True Range), to move between $52.58 and $52.96, which gives a possible trading interval of +/-$0.190 (+/-0.36%) up or down from last closing price. If Dimensional Global Ex Us Core Fixed Income Etf takes out the full calculated possible swing range there will be an estimated 0.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $52.81 (0.08%) than the support at $52.28 (0.93%), 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 Ex Us Core Fixed Income Etf ETF A Buy?
Dimensional Global Ex Us Core Fixed holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: -0.780 Hold/Accumulate Downgraded
Predicted Opening Price for Dimensional Global Ex Us Core Fixed Income Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $52.78 ( 0.0126%) | $52.77 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DFGX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 52.88 | 0.202% |
| R2 | 52.84 | 0.130% |
| R1 | 52.81 | 0.0849% |
| Price | 52.77 | |
| S1 | 52.74 | -0.0597% |
| S2 | 52.71 | -0.104% |
| S3 | 52.68 | -0.177% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 53.01 | 0.455% |
| R2 | 53.00 | 0.436% |
| R1 | 52.81 | 0.0758% |
| Price | 52.77 | |
| S1 | 52.28 | -0.93% |
| S2 | 52.15 | -1.17% |
| S3 | 52.00 | -1.46% |
DFGX Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 15, 2024 | Apr 16, 2024 | Apr 19, 2024 | $0.132 | 0.252% |
| 2 | Mar 18, 2024 | Mar 19, 2024 | Mar 22, 2024 | $0.163 | 0.307% |
| 3 | Feb 20, 2024 | Feb 21, 2024 | Feb 26, 2024 | $0.0359 | 0.0684% |
| 4 | Dec 18, 2023 | Dec 19, 2023 | Dec 22, 2023 | $0.254 | 0.481% |
| 5 | Nov 20, 2023 | Nov 21, 2023 | Nov 24, 2023 | $0.0025 | 0.0050% |
FAQ
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