Xtrackers Lpx Private Equity Swap Ucits ETF Forecast

Xtrackers Lpx Private Equity Swap Ucits ETF price ended at 123.58€ on Tuesday, after losing 0.707%.
(Updated on Jun 25, 2024)

DX2D.F Signals & Forecast

The Xtrackers Lpx Private Equity Swap Ucits ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 123.36€ and 122.92€. A breakdown below any of these levels will issue sell signals. 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 Wednesday, June 12, 2024, and so far it has fallen -1.15%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for Xtrackers Lpx Private Equity Swap Ucits ETF

Xtrackers Lpx Private Equity Swap Ucits finds support from accumulated volume at 122.64€ 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 0.400€ between high and low, or 0.324%. For the last week the ETF has had daily average volatility of 0.675%

Our recommended stop-loss: 118.46€ (-4.14%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (DX2D.F) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Xtrackers Lpx Private Equity Swap Ucits Etf to open at 123.69€, and during the day (based on 14 day Average True Range), to move between 122.28€ and 124.88€, which gives a possible trading interval of +/-1.30€ (+/-1.05%) up or down from last closing price. If Xtrackers Lpx Private Equity Swap Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 124.04€ (0.37%) than the support at 122.64€ (0.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Xtrackers Lpx Private Equity Swap Ucits 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 Xtrackers Lpx Private Equity Swap Ucits ETF to perform well in the short-term.

Current score: 1.289 Buy Candidate Unchanged

Predicted Opening Price for Xtrackers Lpx Private Equity Swap Ucits Etf of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.