Ishares Developed Markets Property Yield ETF Forecast
Red day on Wednesday for Ishares Developed Markets Property Yield
(Updated on Jun 19, 2024)
The Ishares Developed Markets Property Yield ETF price fell by -0.547% on the last day (Wednesday, 19th Jun 2024) from £4.57 to £4.55. During the last trading day the ETF fluctuated 0% from a day low at £4.55 to a day high of £4.55. The price has been going up and down for this period, and there has been a -1.27% loss for the last 2 weeks. 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 -46 thousand shares and in total, 0 shares were bought and sold for approximately £0 .
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ishares Developed Markets Property Yield ETF with a 90% probability to be traded between £4.37 and £4.69 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.
DPYG.L Signals & Forecast
There are mixed signals in the ETF today. The Ishares Developed Markets Property Yield 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 £4.57 and £4.58. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.220%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Ishares Developed Markets Property Yield ETF
Ishares Developed Markets Property Yield finds support from accumulated volume at £4.53 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 0.328%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (DPYG.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Ishares Developed Markets Property Yield Ucits Etf to open at £4.55, and during the day (based on 14 day Average True Range), to move between £4.50 and £4.59, which gives a possible trading interval of +/-£0.0462 (+/-1.02%) up or down from last closing price. If Ishares Developed Markets Property Yield Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £4.53 (0.36%) than the resistance at £4.58 (0.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares Developed Markets Property Yield Ucits Etf ETF A Buy?
Ishares Developed Markets Property Yield 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.
Current score: -1.761 Sell Candidate Unchanged
Predicted Opening Price for Ishares Developed Markets Property Yield Ucits Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £4.55 ( 0%) | £4.55 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DPYG.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.55 | - |
| R2 | 4.55 | - |
| R1 | 4.55 | - |
| Price | 4.55 | |
| S1 | 4.55 | - |
| S2 | 4.55 | - |
| S3 | 4.55 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.67 | 2.72% |
| R2 | 4.61 | 1.40% |
| R1 | 4.58 | 0.693% |
| Price | 4.55 | |
| S1 | 4.53 | -0.363% |
| S2 | 4.52 | -0.583% |
| S3 | 4.50 | -1.02% |
DPYG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | £0.0429 | 0.95% |
| 2 | Feb 15, 2024 | Feb 15, 2024 | Feb 28, 2024 | £0.0352 | 0.780% |
| 3 | Nov 16, 2023 | Nov 16, 2023 | Nov 16, 2023 | £0.0343 | 0.796% |
| 4 | Aug 17, 2023 | Aug 17, 2023 | Aug 17, 2023 | £0.0378 | 0.86% |
| 5 | May 19, 2023 | May 19, 2023 | May 19, 2023 | £0.0404 | 0.91% |
FAQ
Click here for our free guide on how to buy Ishares Developed Markets Property Yield Ucits Etf ETF.
