Dimensional Us Marketwide Value Etf ETF Forecast
Dimensional Us Marketwide Value Etf ETF downgraded to Sell Candidate
(Updated on Jun 25, 2024)
The Dimensional Us Marketwide Value Etf ETF price fell by -0.558% on the last day (Tuesday, 25th Jun 2024) from $39.44 to $39.22. During the last trading day the ETF fluctuated 0.99% from a day low at $39.09 to a day high of $39.47. The price has fallen in 6 of the last 10 days and is down by -0.68% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -145 thousand shares and in total, 171 thousand shares were bought and sold for approximately $6.72 million.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Dimensional Us Marketwide Value Etf ETF with a 90% probability to be traded between $37.91 and $38.74 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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DFUV Signals & Forecast
There are mixed signals in the ETF today. The Dimensional Us Marketwide Value Etf ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $39.37. On a fall, the ETF will find some support from the short-term average at $39.09. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.558%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Dimensional Us Marketwide Value Etf ETF
Dimensional Us Marketwide Value Etf finds support from accumulated volume at $39.21 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 $0.385 between high and low, or 0.99%. For the last week the ETF has had daily average volatility of 0.82%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DFUV) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Dimensional Us Marketwide Value Etf to open at $39.26, and during the day (based on 14 day Average True Range), to move between $38.82 and $39.62, which gives a possible trading interval of +/-$0.399 (+/-1.02%) up or down from last closing price. If Dimensional Us Marketwide Value Etf takes out the full calculated possible swing range there will be an estimated 2.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $39.21 (0.03%) than the resistance at $39.44 (0.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Dimensional Us Marketwide Value Etf ETF A Buy?
Dimensional Us Marketwide Value Etf holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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 Buy to a Sell candidate.
Current score: -2.611 Sell Candidate Downgraded
Predicted Opening Price for Dimensional Us Marketwide Value Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $39.26 ( 0.0977%) | $39.22 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DFUV
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 39.64 | 1.08% |
| R2 | 39.50 | 0.704% |
| R1 | 39.41 | 0.473% |
| Price | 39.22 | |
| S1 | 39.11 | -0.277% |
| S2 | 39.02 | -0.509% |
| S3 | 38.87 | -0.88% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.02 | 2.04% |
| R2 | 39.63 | 1.05% |
| R1 | 39.44 | 0.561% |
| Price | 39.22 | |
| S1 | 39.21 | -0.0255% |
| S2 | 39.16 | -0.153% |
| S3 | 39.15 | -0.178% |
DFUV Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 04, 2024 | Mar 19, 2024 | Mar 22, 2024 | $0.145 | 0.361% |
| 2 | Jan 18, 2023 | Dec 19, 2023 | Dec 22, 2023 | $0.145 | 0.390% |
| 3 | Jan 18, 2023 | Sep 19, 2023 | Sep 22, 2023 | $0.176 | 0.516% |
| 4 | Jan 18, 2023 | Jun 21, 2023 | Jun 26, 2023 | $0.171 | 0.507% |
| 5 | Jan 18, 2023 | Mar 21, 2023 | Mar 24, 2023 | $0.148 | 0.460% |
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