WISDOMTREE GLOBAL EX-U.S. QUALITY ETF Forecast
Green day on Friday for WISDOMTREE GLOBAL EX-U.S. QUALITY
(Updated on Jun 28, 2024)
The WISDOMTREE GLOBAL EX-U.S. QUALITY ETF price gained 0.0512% on the last trading day (Friday, 28th Jun 2024), rising from $39.06 to $39.08. During the last trading day the ETF fluctuated 0.646% from a day low at $38.91 to a day high of $39.16. The price has risen in 6 of the last 10 days but is still down by -0.47% for this period. Volume fell on the last day by -56 thousand shares and in total, 22 thousand shares were bought and sold for approximately $859.49 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 4.03% during the next 3 months and, with a 90% probability hold a price between $39.81 and $42.29 at the end of this 3-month period.
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DNL 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 EX-U.S. QUALITY 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 $39.28 and $39.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -2.23%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for WISDOMTREE GLOBAL EX-U.S. QUALITY ETF
WISDOMTREE GLOBAL EX-U.S. QUALITY finds support from accumulated volume at $39.06 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 $0.251 between high and low, or 0.646%. For the last week the ETF has had daily average volatility of 0.590%
Our recommended stop-loss: $37.19 (-4.83%) (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 (DNL) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect WISDOMTREE GLOBAL EX-U.S. QUALITY DIVIDEND GROWTH FUND N/A to open at $39.05, and during the day (based on 14 day Average True Range), to move between $38.70 and $39.46, which gives a possible trading interval of +/-$0.383 (+/-0.98%) up or down from last closing price. If WISDOMTREE GLOBAL EX-U.S. QUALITY DIVIDEND GROWTH FUND N/A takes out the full calculated possible swing range there will be an estimated 1.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $39.06 (0.05%) than the resistance at $39.15 (0.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is WISDOMTREE GLOBAL EX-U.S. QUALITY DIVIDEND GROWTH FUND N/A ETF A Buy?
WISDOMTREE GLOBAL EX-U.S. QUALITY 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: -0.715 Hold/Accumulate Unchanged
Predicted Opening Price for WISDOMTREE GLOBAL EX-U.S. QUALITY DIVIDEND GROWTH FUND N/A of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $39.05 ( 0.0763%) | $39.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DNL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 39.30 | 0.567% |
| R2 | 39.21 | 0.321% |
| R1 | 39.15 | 0.169% |
| Price | 39.08 | |
| S1 | 38.95 | -0.322% |
| S2 | 38.89 | -0.473% |
| S3 | 38.80 | -0.719% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 39.53 | 1.15% |
| R2 | 39.27 | 0.473% |
| R1 | 39.15 | 0.179% |
| Price | 39.08 | |
| S1 | 39.06 | -0.0512% |
| S2 | 38.99 | -0.230% |
| S3 | 37.93 | -2.94% |
DNL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 22, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.165 | 0.425% |
| 2 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.105 | 0.287% |
| 3 | Dec 19, 2022 | Jun 26, 2023 | Jun 29, 2023 | $0.290 | 0.82% |
| 4 | Dec 19, 2022 | Mar 27, 2023 | Mar 30, 2023 | $0.160 | 0.452% |
| 5 | Jan 06, 2022 | Dec 23, 2022 | Dec 29, 2022 | $0.124 | 0.381% |
FAQ
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