Amundi Index Solutions - Amundi Ftse 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
Amundi Index Solutions - Amundi Ftse ETF price up 0.675% on Friday
(Updated on Jun 28, 2024)
The Amundi Index Solutions - Amundi Ftse ETF price gained 0.675% on the last trading day (Friday, 28th Jun 2024), rising from 311.15€ to 313.25€. During the last trading day the ETF fluctuated 0.91% from a day low at 310.81€ to a day high of 313.64€. The price has risen in 6 of the last 10 days but is still down by -0.18% for this period. Volume fell on the last day by -96 shares and in total, 41 shares were bought and sold for approximately 12.84€ thousand. 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 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 310.05€ 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 6.30% during the next 3 months and, with a 90% probability hold a price between 329.57€ and 356.78€ at the end of this 3-month period.
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EPRE.PA Signals & Forecast
There are mixed signals in the ETF today. The Amundi Index Solutions - Amundi Ftse 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 319.68€. On a fall, the ETF will find some support from the short-term average at 313.05€. 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. 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. A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 1.24%. Further rise is indicated until a new top pivot has been found. The ETF had a Golden Star Signal on Friday, April 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, April 26, 2024.
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 Friday, April 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, April 26, 2024.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 12 Months
The ETF had a Golden Star Signal on Friday, April 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, April 26, 2024.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 Amundi Index Solutions - Amundi Ftse ETF
Amundi Index Solutions - Amundi Ftse finds support from accumulated volume at 309.40€ 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 controlled movements and therefore the general risk is considered 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 2.83€ between high and low, or 0.91%. For the last week the ETF has had daily average volatility of 1.64%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EPRE.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Amundi Index Solutions - Amundi Ftse Epra Europe Real Estate to open at 312.57€, and during the day (based on 14 day Average True Range), to move between 309.03€ and 317.47€, which gives a possible trading interval of +/-4.22€ (+/-1.35%) up or down from last closing price. If Amundi Index Solutions - Amundi Ftse Epra Europe Real Estate takes out the full calculated possible swing range there will be an estimated 2.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 313.82€ (0.18%) than the support at 309.40€ (1.23%), 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 Amundi Index Solutions - Amundi Ftse Epra Europe Real Estate ETF A Buy?
Amundi Index Solutions - Amundi Ftse holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -1.600 Sell Candidate Unchanged
Predicted Opening Price for Amundi Index Solutions - Amundi Ftse Epra Europe Real Estate of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 312.57€ ( 0.216%) | 313.25€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EPRE.PA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 315.40 | 0.686% |
| R2 | 314.32 | 0.342% |
| R1 | 313.65 | 0.128% |
| Price | 313.25 | |
| S1 | 311.49 | -0.561% |
| S2 | 310.82 | -0.774% |
| S3 | 309.74 | -1.12% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 328.78 | 4.96% |
| R2 | 326.55 | 4.25% |
| R1 | 313.82 | 0.184% |
| Price | 313.25 | |
| S1 | 309.40 | -1.23% |
| S2 | 305.45 | -2.49% |
| S3 | 304.80 | -2.70% |
FAQ
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