Aptus Large Cap Enhanced Yield Etf ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Red day on Friday for Aptus Large Cap Enhanced Yield Etf
(Updated on Jun 28, 2024)
The Aptus Large Cap Enhanced Yield Etf ETF price fell by -0.201% on the last day (Friday, 28th Jun 2024) from $30.42 to $30.36. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.96% from a day low at $30.32 to a day high of $30.61. The price has fallen in 6 of the last 10 days but is still up by 0.26% over the past 2 weeks. Volume has increased on the last day by 7 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, 21 thousand shares were bought and sold for approximately $628.73 thousand.
Given the current short-term trend, the ETF is expected to rise 4.50% during the next 3 months and, with a 90% probability hold a price between $31.73 and $32.20 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
DUBS Signals & Forecast
The Aptus Large Cap Enhanced Yield Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $30.49. On a fall, the ETF will find some support from the long-term average at approximately $30.04. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.95%. Further fall is indicated until a new bottom pivot has been found. Aptus Large Cap Enhanced Yield Etf gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Aptus Large Cap Enhanced Yield Etf ETF
Aptus Large Cap Enhanced Yield Etf finds support from accumulated volume at $30.32 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 $0.290 between high and low, or 0.96%. For the last week the ETF has had daily average volatility of 0.646%.
Our recommended stop-loss: $29.55 (-2.66%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (DUBS) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Aptus Large Cap Enhanced Yield Etf to open at $30.43, and during the day (based on 14 day Average True Range), to move between $30.13 and $30.59, which gives a possible trading interval of +/-$0.228 (+/-0.75%) up or down from last closing price. If Aptus Large Cap Enhanced Yield Etf takes out the full calculated possible swing range there will be an estimated 1.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $30.32 (0.13%) than the resistance at $30.47 (0.36%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Aptus Large Cap Enhanced Yield Etf ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Aptus Large Cap Enhanced Yield Etf ETF to perform well in the short-term.
Current score: 2.125 Buy Candidate Unchanged
Predicted Opening Price for Aptus Large Cap Enhanced Yield Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $30.43 ( 0.231%) | $30.36 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for DUBS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.72 | 1.19% |
| R2 | 30.61 | 0.82% |
| R1 | 30.54 | 0.595% |
| Price | 30.36 | |
| S1 | 30.32 | -0.134% |
| S2 | 30.25 | -0.360% |
| S3 | 30.14 | -0.725% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.65 | 0.96% |
| R2 | 30.57 | 0.692% |
| R1 | 30.47 | 0.362% |
| Price | 30.36 | |
| S1 | 30.32 | -0.132% |
| S2 | 29.62 | -2.44% |
| S3 | 29.53 | -2.73% |
DUBS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 26, 2024 | Mar 26, 2024 | Mar 28, 2024 | $0.155 | 0.529% |
| 2 | Dec 27, 2023 | Dec 27, 2023 | Dec 29, 2023 | $0.227 | 0.85% |
| 3 | Sep 26, 2023 | Sep 27, 2023 | Sep 29, 2023 | $0.0776 | 0.315% |
FAQ
Click here for our free guide on how to buy Aptus Large Cap Enhanced Yield Etf ETF.
