Ishares Msci Pacific Ex-japan Ucits Etf ETF Forecast
Green day on Thursday for Ishares Msci Pacific Ex-japan Ucits Etf
(Updated on Jun 27, 2024)
The Ishares Msci Pacific Ex-japan Ucits Etf ETF price gained 0.272% on the last trading day (Thursday, 27th Jun 2024), rising from 40.41€ to 40.52€. During the last trading day the ETF fluctuated 0.790% from a day low at 40.52€ to a day high of 40.84€. The price has been going up and down for this period, and there has been a 0.65% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately 78.16€ thousand.
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 4.13% during the next 3 months and, with a 90% probability hold a price between 40.97€ and 43.69€ at the end of this 3-month period.
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EUNJ.F Signals & Forecast
The Ishares Msci Pacific Ex-japan Ucits Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately 40.62€. On a fall, the ETF will find some support from the long-term average at approximately 40.47€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Ishares Msci Pacific Ex-japan Ucits Etf has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -1.67%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Ishares Msci Pacific Ex-japan Ucits Etf ETF
Ishares Msci Pacific Ex-japan Ucits Etf finds support from accumulated volume at 40.25€ 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 0.320€ between high and low, or 0.790%. For the last week the ETF has had daily average volatility of 0.726%.
Our recommended stop-loss: 38.54€ (-4.88%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)
Trading Expectations (EUNJ.F) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Ishares Msci Pacific Ex-japan Ucits Etf Usd (dist) to open at 40.63€, and during the day (based on 14 day Average True Range), to move between 40.21€ and 40.83€, which gives a possible trading interval of +/-0.308€ (+/-0.76%) up or down from last closing price. If Ishares Msci Pacific Ex-japan Ucits Etf Usd (dist) takes out the full calculated possible swing range there will be an estimated 1.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 40.53€ (0.02%) than the support at 40.25€ (0.68%), 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 Ucits Etf Usd (dist) ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ishares Msci Pacific Ex-japan Ucits Etf ETF to perform well in the short-term.
Current score: 3.275 Buy Candidate Unchanged
Predicted Opening Price for Ishares Msci Pacific Ex-japan Ucits Etf Usd (dist) of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
40.63€ ( 0.263%) | 40.52€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EUNJ.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 40.95 | 1.05% |
R2 | 40.82 | 0.751% |
R1 | 40.75 | 0.565% |
Price | 40.52 | |
S1 | 40.50 | -0.0384% |
S2 | 40.43 | -0.225% |
S3 | 40.31 | -0.526% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 41.21 | 1.70% |
R2 | 41.20 | 1.68% |
R1 | 40.53 | 0.0247% |
Price | 40.52 | |
S1 | 40.25 | -0.679% |
S2 | 39.49 | -2.54% |
S3 | 38.76 | -4.34% |
EUNJ Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 18, 2024 | Apr 18, 2024 | Apr 30, 2024 | 0.367€ | 0% |
2 | Jan 11, 2024 | Jan 11, 2024 | Jan 24, 2024 | 0.192€ | 0% |
3 | Oct 12, 2023 | Oct 12, 2023 | Oct 25, 2023 | 0.524€ | 0% |
4 | Jul 13, 2023 | Jul 13, 2023 | Jul 26, 2023 | 0.333€ | 0% |
5 | Apr 13, 2023 | Apr 13, 2023 | Apr 26, 2023 | 0.396€ | 0% |
FAQ
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