Ishares V Plc - Ishares Em Dividend ETF Forecast

Red day on Friday for Ishares V Plc - Ishares Em Dividend ETF after losing 0.0704%
(Updated on Jun 21, 2024)

EUNY.F Signals & Forecast

There are mixed signals in the ETF today. The Ishares V Plc - Ishares Em Dividend 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 14.63€. On a fall, the ETF will find some support from the short-term average at 14.06€. 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). Ishares V Plc - Ishares Em Dividend 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". A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 2.13%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Ishares V Plc - Ishares Em Dividend ETF

Ishares V Plc - Ishares Em Dividend finds support from accumulated volume at 13.91€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved 0.108€ between high and low, or 0.761%. For the last week, the ETF has had daily average volatility of 0.735%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EUNY.F) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Ishares V Plc - Ishares Em Dividend Ucits Etf Usd (dist) to open at 14.23€, and during the day (based on 14 day Average True Range), to move between 14.04€ and 14.37€, which gives a possible trading interval of +/-0.166€ (+/-1.17%) up or down from last closing price. If Ishares V Plc - Ishares Em Dividend Ucits Etf Usd (dist) takes out the full calculated possible swing range there will be an estimated 2.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 14.31€ (0.75%) than the support at 13.91€ (2.08%), 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 V Plc - Ishares Em Dividend Ucits Etf Usd (dist) ETF A Buy?

Ishares V Plc - Ishares Em Dividend 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: -2.055 Sell Candidate Unchanged

Predicted Opening Price for Ishares V Plc - Ishares Em Dividend Ucits Etf Usd (dist) of Monday, June 24, 2024

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