Deka Msci Europe Ucits 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
Deka Msci Europe Ucits Etf ETF price ended at 17.44€ on Thursday, after losing 0.468%.
(Updated on Jun 27, 2024)
The Deka Msci Europe Ucits Etf ETF price fell by -0.468% on the last day (Thursday, 27th Jun 2024) from 17.52€ to 17.44€. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 1.39% from a day low at 17.44€ to a day high of 17.68€. The price has fallen in 6 of the last 10 days and is down by -0.54% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -31 thousand shares and in total, 17 thousand shares were bought and sold for approximately 296.22€ thousand.
The ETF has broken the narrow and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at 17.46€. A reaction back to this level may hold a second chance to get out before further falls.
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EL42.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.426%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Deka Msci Europe Ucits Etf 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 17.55€ and 17.73€. 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 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. The ETF had a Golden Star Signal on Monday, April 22, 2024 in the short-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star
The ETF had a Golden Star Signal on Monday, April 22, 2024 in the short-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for Deka Msci Europe Ucits Etf ETF
Deka Msci Europe Ucits Etf finds support from accumulated volume at 17.39€ 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 0.242€ between high and low, or 1.39%. For the last week the ETF has had daily average volatility of 0.82%
Our recommended stop-loss: 16.34€ (-6.28%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (EL42.F) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Deka Msci Europe Ucits Etf to open at 17.52€, and during the day (based on 14 day Average True Range), to move between 17.28€ and 17.59€, which gives a possible trading interval of +/-0.152€ (+/-0.87%) up or down from last closing price. If Deka Msci Europe Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 17.48€ (0.23%) than the support at 17.39€ (0.29%), 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 Deka Msci Europe Ucits Etf ETF A Buy?
Deka Msci Europe Ucits Etf 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.
Current score: 0.311 Hold/Accumulate Unchanged
Predicted Opening Price for Deka Msci Europe Ucits Etf of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| 17.52€ ( 0.463%) | 17.44€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EL42.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17.76 | 1.85% |
| R2 | 17.67 | 1.32% |
| R1 | 17.61 | 0.99% |
| Price | 17.44 | |
| S1 | 17.42 | -0.0675% |
| S2 | 17.37 | -0.395% |
| S3 | 17.27 | -0.93% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 17.74 | 1.73% |
| R2 | 17.54 | 0.608% |
| R1 | 17.48 | 0.229% |
| Price | 17.44 | |
| S1 | 17.39 | -0.287% |
| S2 | 17.22 | -1.24% |
| S3 | 17.15 | -1.64% |
EL42 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 11, 2024 | Mar 11, 2024 | Mar 11, 2024 | 0.0300€ | 0% |
| 2 | Dec 11, 2023 | Dec 11, 2023 | Dec 11, 2023 | 0.0400€ | 0% |
| 3 | Sep 11, 2023 | Sep 11, 2023 | Sep 11, 2023 | 0.120€ | 0% |
| 4 | Jun 12, 2023 | Jun 12, 2023 | Jun 12, 2023 | 0.230€ | 0% |
| 5 | Mar 10, 2023 | Mar 10, 2023 | Mar 10, 2023 | 0.0300€ | 0% |
FAQ
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