Ishares Msci Europe Mid Cap 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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
Ishares Msci Europe Mid Cap Ucits Etf ETF price up 0.89% on Wednesday
(Updated on Jun 26, 2024)
The Ishares Msci Europe Mid Cap Ucits Etf ETF price gained 0.89% on the last trading day (Wednesday, 26th Jun 2024), rising from 6.21€ to 6.27€. During the last trading day the ETF fluctuated 0.304% from a day low at 6.25€ to a day high of 6.27€. The price has risen in 6 of the last 10 days but is still down by -0.02% for this period. Volume fell on the last day by -17 thousand shares and in total, 40 shares were bought and sold for approximately 250.76€ . 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 lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 4.54% during the next 3 months and, with a 90% probability hold a price between 6.44€ and 6.75€ at the end of this 3-month period.
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EMID.L Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares Msci Europe Mid Cap Ucits Etf ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at 6.29€. On a fall, the ETF will find some support from the short-term average at 6.22€. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -1.77%. 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.
Support, Risk & Stop-loss for Ishares Msci Europe Mid Cap Ucits Etf ETF
Ishares Msci Europe Mid Cap Ucits Etf finds support from accumulated volume at 6.12€ 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 0.0190€ between high and low, or 0.304%. For the last week the ETF has had daily average volatility of 0.372%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EMID.L) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Ishares Msci Europe Mid Cap Ucits Etf to open at 6.26€, and during the day (based on 14 day Average True Range), to move between 6.22€ and 6.32€, which gives a possible trading interval of +/-0.0505€ (+/-0.80%) up or down from last closing price. If Ishares Msci Europe Mid Cap Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 6.32€ (0.85%) than the support at 6.12€ (2.38%), 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 Ishares Msci Europe Mid Cap Ucits Etf ETF A Buy?
The Ishares Msci Europe Mid Cap Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Ishares Msci Europe Mid Cap Ucits Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -3.186 Sell Candidate Unchanged
Predicted Opening Price for Ishares Msci Europe Mid Cap Ucits Etf of Thursday, June 27, 2024
Fair opening price June 27, 2024 | Current price |
---|---|
6.26€ ( 0.101%) | 6.27€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EMID.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 6.28 | 0.202% |
R2 | 6.27 | 0.0863% |
R1 | 6.27 | 0.0147% |
Price | 6.27 | |
S1 | 6.26 | -0.217% |
S2 | 6.25 | -0.288% |
S3 | 6.24 | -0.404% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 6.37 | 1.61% |
R2 | 6.35 | 1.29% |
R1 | 6.32 | 0.85% |
Price | 6.27 | |
S1 | 6.12 | -2.38% |
S2 | 6.07 | -3.17% |
S3 | 6.00 | -4.29% |
EMID Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 18, 2024 | Apr 18, 2024 | Apr 30, 2024 | 0.0396€ | 0.655% |
2 | Oct 12, 2023 | Oct 12, 2023 | Oct 12, 2023 | 0.109€ | 2.02% |
3 | Apr 13, 2023 | Apr 13, 2023 | Apr 13, 2023 | 0.0336€ | 0.593% |
4 | Oct 13, 2022 | Oct 13, 2022 | Oct 13, 2022 | 0.103€ | 2.17% |
5 | Apr 14, 2022 | Apr 14, 2022 | Apr 14, 2022 | 0.0349€ | 0.580% |
FAQ
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