Xtrackers Ii Eurozone Government Bond ETF Forecast

Green day on Friday for Xtrackers Ii Eurozone Government Bond ETF after gaining 0.169%
(Updated on Jun 28, 2024)

DXSV.F Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Monday, June 10, 2024, and so far it has fallen -0.337%. Further fall is indicated until a new bottom pivot has been found. 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 not be. The very low volume increases the risk and reduces the other technical signals issued. The Xtrackers Ii Eurozone Government Bond 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 83.61€ and 83.39€. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Xtrackers Ii Eurozone Government Bond ETF

Xtrackers Ii Eurozone Government Bond finds support from accumulated volume at 82.80€ 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 0.104€ between high and low, or 0.124%. For the last week the ETF has had daily average volatility of 0.220%

Our recommended stop-loss: 80.81€ (-3.74%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 38 days ago.)

Trading Expectations (DXSV.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Xtrackers Ii Eurozone Government Bond Short Daily Swap Ucits Etf to open at 83.92€, and during the day (based on 14 day Average True Range), to move between 83.65€ and 84.24€, which gives a possible trading interval of +/-0.291€ (+/-0.35%) up or down from last closing price. If Xtrackers Ii Eurozone Government Bond Short Daily Swap Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 84.16€ (0.25%) than the support at 82.80€ (1.37%), 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 Ii Eurozone Government Bond Short Daily 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 Ii Eurozone Government Bond ETF to perform well in the short-term.

Current score: 2.395 Buy Candidate Unchanged

Predicted Opening Price for Xtrackers Ii Eurozone Government Bond Short Daily Swap Ucits Etf of Monday, July 1, 2024

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