WISDOMTREE INTERNATIONAL HIGH DIVIDEND ETF Forecast
WISDOMTREE INTERNATIONAL HIGH DIVIDEND ETF upgraded from Sell Candidate to Buy Candidate after Friday trading session.
(Updated on Jun 28, 2024)
The WISDOMTREE INTERNATIONAL HIGH DIVIDEND ETF price gained 0.222% on the last trading day (Friday, 28th Jun 2024), rising from $38.28 to $38.37. During the last trading day the ETF fluctuated 0.473% from a day low at $38.25 to a day high of $38.43. The price has been going up and down for this period, and there has been a -2.75% loss for the last 2 weeks. Volume fell on the last day by -24 thousand shares and in total, 22 thousand shares were bought and sold for approximately $836.82 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 is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $38.29 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect WISDOMTREE INTERNATIONAL HIGH DIVIDEND ETF with a 90% probability to be traded between $38.84 and $42.07 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.
DTH Signals & Forecast
The WISDOMTREE INTERNATIONAL HIGH DIVIDEND 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 $38.92 and $40.12. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Thursday, June 27, 2024, and so far it has risen 0.222%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for WISDOMTREE INTERNATIONAL HIGH DIVIDEND ETF
WISDOMTREE INTERNATIONAL HIGH DIVIDEND finds support from accumulated volume at $38.35 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 controlled movements and therefore the general risk is considered 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 $0.181 between high and low, or 0.473%. For the last week the ETF has had daily average volatility of 0.473%.
Our recommended stop-loss: $36.14 (-5.79%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (DTH) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect WISDOMTREE INTERNATIONAL HIGH DIVIDEND FUND N/A to open at $38.35, and during the day (based on 14 day Average True Range), to move between $37.92 and $38.81, which gives a possible trading interval of +/-$0.449 (+/-1.17%) up or down from last closing price. If WISDOMTREE INTERNATIONAL HIGH DIVIDEND FUND N/A takes out the full calculated possible swing range there will be an estimated 2.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $38.35 (0.04%) than the resistance at $39.45 (2.83%), 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 INTERNATIONAL HIGH DIVIDEND FUND N/A ETF A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.
Current score: 2.727 Buy Candidate Upgraded
Predicted Opening Price for WISDOMTREE INTERNATIONAL HIGH DIVIDEND FUND N/A of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $38.35 ( 0.0427%) | $38.37 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DTH
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 38.53 | 0.429% |
| R2 | 38.46 | 0.249% |
| R1 | 38.42 | 0.137% |
| Price | 38.37 | |
| S1 | 38.28 | -0.223% |
| S2 | 38.24 | -0.334% |
| S3 | 38.17 | -0.514% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.07 | 4.44% |
| R2 | 39.68 | 3.41% |
| R1 | 39.45 | 2.83% |
| Price | 38.37 | |
| S1 | 38.35 | -0.0391% |
| S2 | 38.28 | -0.222% |
| S3 | 38.08 | -0.743% |
DTH Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 26, 2023 | Mar 22, 2024 | Mar 27, 2024 | $0.270 | 0.680% |
| 2 | Dec 22, 2023 | Dec 22, 2023 | Dec 22, 2023 | $0.395 | 1.02% |
| 3 | Sep 25, 2023 | Sep 25, 2023 | Sep 28, 2023 | $0.395 | 1.09% |
| 4 | Dec 19, 2022 | Jun 26, 2023 | Jun 29, 2023 | $0.97 | 2.64% |
| 5 | Dec 19, 2022 | Mar 27, 2023 | Mar 30, 2023 | $0.435 | 1.16% |
FAQ
Click here for our free guide on how to buy WISDOMTREE INTERNATIONAL HIGH DIVIDEND FUND N/A ETF.
