iShares MSCI Pacific ex Japan ETF Forecast

$42.81
-0.160 (-0.372%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Evaluation of iShares MSCI Pacific ex Japan ETF downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 0.75% PDF

The iShares MSCI Pacific ex Japan ETF price fell by -0.372% on the last day (Thursday, 28th Mar 2024) from $42.97 to $42.81. During the last trading day the ETF fluctuated 0.386% from a day low at $42.76 to a day high of $42.92. The price has fallen in 6 of the last 10 days but is still up by 0.09% over the past 2 weeks. Volume has increased on the last day by 277 thousand 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, 476 thousand shares were bought and sold for approximately $20.38 million.

The ETF lies in the middle of a 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 2.74% during the next 3 months and, with a 90% probability hold a price between $42.56 and $44.93 at the end of this 3-month period.

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EPP Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.63%. 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 rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The iShares MSCI Pacific ex Japan 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 $42.75 and $42.46. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for iShares MSCI Pacific ex Japan ETF

iShares MSCI Pacific ex Japan finds support from accumulated volume at $42.11 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 $0.165 between high and low, or 0.386%. For the last week the ETF has had daily average volatility of 0.587%.

Our recommended stop-loss: $41.33 (-3.45%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (EPP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect iShares MSCI Pacific ex Japan ETF to open at $42.83, and during the day (based on 14 day Average True Range), to move between $42.40 and $43.22, which gives a possible trading interval of +/-$0.408 (+/-0.95%) up or down from last closing price. If iShares MSCI Pacific ex Japan ETF takes out the full calculated possible swing range there will be an estimated 1.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $42.91 (0.23%) than the support at $42.11 (1.64%), 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 Pacific ex Japan ETF ETF A Buy?

iShares MSCI Pacific ex Japan holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.322 Hold/Accumulate Downgraded

Predicted Opening Price for iShares MSCI Pacific ex Japan ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$42.83 ( 0.0428%) $42.81

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

Trading levels for EPP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 42.99 0.428 %
R2 42.93 0.281 %
R1 42.89 0.190 %
Current price: 42.81
Support S1 42.77 -0.104 %
S2 42.73 -0.195 %
S3 42.66 -0.343 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 43.41 1.40 %
R2 43.34 1.24 %
R1 42.91 0.234 %
Current price 42.81
Support S1 42.11 -1.64%
S2 41.94 -2.03%
S3 40.47 -5.47%

EPP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Dec 20, 2023 Dec 20, 2023 $0.97 2.30%
2 Nov 28, 2022 Jun 07, 2023 Jun 13, 2023 $0.82 1.91%
3 Dec 14, 2021 Dec 13, 2022 Dec 19, 2022 $0.709 1.67%
4 Dec 14, 2021 Jun 09, 2022 Jun 15, 2022 $1.16 2.77%
5 Dec 30, 2021 Dec 30, 2021 Dec 30, 2021 $0.295 0.615%

FAQ

What is the symbol for iShares MSCI Pacific ex Japan ETF ETF and on which exchange is it traded?
The symbol for iShares MSCI Pacific ex Japan ETF is EPP and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell iShares MSCI Pacific ex Japan ETF ETF?
iShares MSCI Pacific ex Japan holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy iShares MSCI Pacific ex Japan ETF ETF?
iShares MSCI Pacific ex Japan ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iShares MSCI Pacific ex Japan ETF ETF.

What's the current price of iShares MSCI Pacific ex Japan ETF ETF?
As of the end of day on the 2024-03-28, the price of an iShares MSCI Pacific ex Japan ETF (EPP) share was $42.81.

What is the 52-week high and low for iShares MSCI Pacific ex Japan ETF ETF?
The 52-week high for iShares MSCI Pacific ex Japan ETF ETF is $45.02 and the 52-week low is $38.05.

What is the market capitalization of iShares MSCI Pacific ex Japan ETF ETF?
As of the 2024-03-28, the market capitalization of iShares MSCI Pacific ex Japan ETF is 2.273B.
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About iShares MSCI Pacific ex Japan ETF

The investment seeks to track the investment results of the MSCI Pacific ex Japan Index. The fund normally invests at least 80% of its total assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index consists of stocks from the following four countries or regions: Australia, Hong Kong, New Zealand and Singapore. It will include large- and mid-capitalization co... EPP Profile

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