Ishares Vii Plc - Ishares Msci Emu Usd ETF Forecast
Ishares Vii Plc - Ishares Msci Emu Usd ETF price ended at $10.21 on Friday, after losing 0.274%.
(Updated on Jun 28, 2024)
The Ishares Vii Plc - Ishares Msci Emu Usd ETF price fell by -0.274% on the last day (Friday, 28th Jun 2024) from $10.24 to $10.21. During the last trading day the ETF fluctuated 0.0196% from a day low at $10.21 to a day high of $10.21. The price has fallen in 5 of the last 10 days but is still up by 0.49% over the past 2 weeks. Volume has increased on the last day by 387 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, 387 shares were bought and sold for approximately $3.95 thousand.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $10.20 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 2.31% during the next 3 months and, with a 90% probability hold a price between $10.43 and $10.98 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.
EMUU.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.492%. 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 Ishares Vii Plc - Ishares Msci Emu Usd 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 $10.28 and $10.42. 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). Ishares Vii Plc - Ishares Msci Emu Usd 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". The very low volume increases the risk and reduces the other technical signals issued. 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 Ishares Vii Plc - Ishares Msci Emu Usd ETF
Ishares Vii Plc - Ishares Msci Emu Usd finds support from accumulated volume at $10.13 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 $0.0020 between high and low, or 0.0196%. For the last week the ETF has had daily average volatility of 0.425%.
Our recommended stop-loss: $9.68 (-5.15%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (EMUU.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Vii Plc - Ishares Msci Emu Usd Hedged Ucits Etf (acc) to open at $10.21, and during the day (based on 14 day Average True Range), to move between $10.12 and $10.30, which gives a possible trading interval of +/-$0.0913 (+/-0.89%) up or down from last closing price. If Ishares Vii Plc - Ishares Msci Emu Usd Hedged Ucits Etf (acc) takes out the full calculated possible swing range there will be an estimated 1.79% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $10.24 (0.31%) than the support at $10.13 (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 Ishares Vii Plc - Ishares Msci Emu Usd Hedged Ucits Etf (acc) ETF A Buy?
Ishares Vii Plc - Ishares Msci Emu Usd 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ishares Vii Plc - Ishares Msci Emu Usd Hedged Ucits Etf (acc) of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $10.21 ( 0.0065%) | $10.21 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EMUU.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.21 | 0.0261% |
| R2 | 10.21 | 0.0186% |
| R1 | 10.21 | 0.0140% |
| Price | 10.21 | |
| S1 | 10.21 | -0.0010% |
| S2 | 10.21 | -0.0056% |
| S3 | 10.21 | -0.0131% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.55 | 3.35% |
| R2 | 10.50 | 2.83% |
| R1 | 10.24 | 0.313% |
| Price | 10.21 | |
| S1 | 10.13 | -0.764% |
| S2 | 10.06 | -1.45% |
| S3 | 10.03 | -1.74% |
FAQ
Click here for our free guide on how to buy Ishares Vii Plc - Ishares Msci Emu Usd Hedged Ucits Etf (acc) ETF.
