Ishares € Aggregate Bond Esg Ucits Etf ETF Forecast
Ishares € Aggregate Bond Esg Ucits Etf ETF price ended at 107.25€ on Friday, after losing 0.0792%.
(Updated on Jun 28, 2024)
The Ishares € Aggregate Bond Esg Ucits Etf ETF price fell by -0.0792% on the last day (Friday, 28th Jun 2024) from 107.33€ to 107.25€. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.387% from a day low at 107.10€ to a day high of 107.52€. The price has fallen in 6 of the last 10 days and is down by -0.54% for this period. Volume has increased on the last day by 4 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, 6 thousand shares were bought and sold for approximately 645.83€ thousand.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ishares € Aggregate Bond Esg Ucits Etf ETF with a 90% probability to be traded between 106.40€ and 107.96€ 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.
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EUN4.F Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares € Aggregate Bond Esg Ucits Etf ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at 107.52€ and 107.34€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -0.543%. Further fall is indicated until a new bottom pivot has been found. Ishares € Aggregate Bond Esg Ucits Etf 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 ETF had a Golden Star Signal on Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 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 Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 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 Monday, June 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 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.
A sell signal from a double top formation was found on Wednesday, June 05, 2024 and based on theory for this formation the price should fall by -0.700% to 106.49€ within 15 trading days since signal was issued (Wednesday, June 26, 2024).
Support, Risk & Stop-loss for Ishares € Aggregate Bond Esg Ucits Etf ETF
Ishares € Aggregate Bond Esg Ucits Etf finds support from accumulated volume at 107.20€ 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 0.415€ between high and low, or 0.387%. For the last week the ETF has had daily average volatility of 0.353%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EUN4.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares € Aggregate Bond Esg Ucits Etf Eur (dist) to open at 107.29€, and during the day (based on 14 day Average True Range), to move between 106.79€ and 107.70€, which gives a possible trading interval of +/-0.458€ (+/-0.43%) up or down from last closing price. If Ishares € Aggregate Bond Esg Ucits Etf Eur (dist) takes out the full calculated possible swing range there will be an estimated 0.85% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 107.20€ (0.04%) than the resistance at 107.43€ (0.17%), 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 € Aggregate Bond Esg Ucits Etf Eur (dist) ETF A Buy?
Ishares € Aggregate Bond Esg Ucits Etf holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -2.242 Sell Candidate Unchanged
Predicted Opening Price for Ishares € Aggregate Bond Esg Ucits Etf Eur (dist) of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 107.29€ ( 0.0389%) | 107.25€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EUN4.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 107.70 | 0.426% |
| R2 | 107.54 | 0.278% |
| R1 | 107.45 | 0.187% |
| Price | 107.25 | |
| S1 | 107.13 | -0.109% |
| S2 | 107.03 | -0.200% |
| S3 | 106.87 | -0.348% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 107.73 | 0.452% |
| R2 | 107.56 | 0.294% |
| R1 | 107.43 | 0.173% |
| Price | 107.25 | |
| S1 | 107.20 | -0.0420% |
| S2 | 107.10 | -0.135% |
| S3 | 106.49 | -0.704% |
FAQ
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