Ishares Environmentally Aware Real ETF Forecast
Ishares Environmentally Aware Real ETF price down 0.151% on Monday
(Updated on Jun 17, 2024)
The Ishares Environmentally Aware Real ETF price fell by -0.151% on the last day (Monday, 17th Jun 2024) from $24.59 to $24.56. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0% from a day low at $24.56 to a day high of $24.56. The price has fallen in 6 of the last 10 days and is down by -1.41% 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 -644 shares and in total, 87 shares were bought and sold for approximately $2.14 thousand.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ishares Environmentally Aware Real ETF with a 90% probability to be traded between $23.43 and $25.29 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
ERET Signals & Forecast
There are mixed signals in the ETF today. The Ishares Environmentally Aware Real 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 $24.63 and $24.80. A break-up above any of these levels will issue buy signals. 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 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, May 29, 2024, and so far it has risen 1.51%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Ishares Environmentally Aware Real ETF
Ishares Environmentally Aware Real finds support from accumulated volume at $24.52 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.417%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ERET) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Ishares Environmentally Aware Real Estate Etf to open at $24.56, and during the day (based on 14 day Average True Range), to move between $24.37 and $24.74, which gives a possible trading interval of +/-$0.183 (+/-0.75%) up or down from last closing price. If Ishares Environmentally Aware Real Estate Etf takes out the full calculated possible swing range there will be an estimated 1.49% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $24.52 (0.14%) than the resistance at $25.32 (3.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares Environmentally Aware Real Estate Etf ETF A Buy?
Ishares Environmentally Aware Real 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: -3.486 Sell Candidate Unchanged
Predicted Opening Price for Ishares Environmentally Aware Real Estate Etf of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $24.56 ( 0.00000000%) | $24.56 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ERET
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.56 | 0.00000000% |
| R2 | 24.56 | 0.00000000% |
| R1 | 24.56 | 0.00000000% |
| Price | 24.56 | |
| S1 | 24.56 | 0.00000000% |
| S2 | 24.56 | 0.00000000% |
| S3 | 24.56 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.44 | 3.60% |
| R2 | 25.36 | 3.28% |
| R1 | 25.32 | 3.12% |
| Price | 24.56 | |
| S1 | 24.52 | -0.143% |
| S2 | 24.19 | -1.49% |
| S3 | 24.05 | -2.06% |
ERET Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 19, 2023 | Dec 20, 2023 | Dec 27, 2023 | $0.538 | 2.06% |
| 2 | Jun 06, 2023 | Jun 07, 2023 | Jun 13, 2023 | $0.417 | 1.70% |
| 3 | Dec 12, 2022 | Dec 13, 2022 | Dec 19, 2022 | $0.158 | 0.648% |
FAQ
Click here for our free guide on how to buy Ishares Environmentally Aware Real Estate Etf ETF.
