Legal & General Ucits Etf - L&g Dax Daily 2x Short Ucits Etf ETF Forecast

Hold candidate since Jun 18, 2026

The Legal & General Ucits Etf Plc - L&g Dax ETF price fell by -1.50% on the last day (Thursday, 18th Jun 2026) from 49.17p to 48.43p. During the last trading day the ETF fluctuated 0.97% from a day low at 48.43p to a day high of 48.90p. The price has risen in 6 of the last 10 days but is still down by -0.74% for this period. Volume has increased on the last day by 109 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, 293 thousand shares were bought and sold for approximately 14.20p million.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -17.67% during the next 3 months and, with a 90% probability hold a price between 36.68p and 42.53p at the end of this 3-month period. Do note, that if the ETF 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.

DS2P.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, May 26, 2026, and so far it has risen 1.64%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Legal & General Ucits Etf Plc - L&g Dax ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. 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 49.64p and 49.98p. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

Support, Risk & Stop-loss for Legal & General Ucits Etf Plc - L&g Dax ETF

Legal & General Ucits Etf Plc - L&g Dax finds support from accumulated volume at 47.94p and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved 0.468p (0.97%) between high and low. For the last week, the ETF has had daily average volatility of 1.33%.

Our recommended stop-loss: 46.08p (-4.86%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (DS2P.L) For The Upcoming Trading Day Of Friday 19th

For the upcoming trading day on Friday, 19th we expect Legal & General Ucits Etf Plc - L&g Dax Daily 2x Short Ucits Etf to open at 48.59p, and during the day (based on 14 day Average True Range), to move between 47.79p and 49.08p, which gives a possible trading interval of +/-1.29p (+/-2.70%) up or down from last closing price. If Legal & General Ucits Etf Plc - L&g Dax Daily 2x Short Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 47.94p (1.02%) than the resistance at 49.34p (1.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Legal & General Ucits Etf Plc - L&g Dax Daily 2x Short Ucits Etf ETF A Buy?

Legal & General Ucits Etf Plc - L&g Dax 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Strong Sell to a Hold candidate.

Current score: -0.396 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 19, 2026 - 48.59p ( 0.322%).

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