ISHARES GLOBAL INDUSTRIALS ISHARES ETF Forecast
Red day on Friday for ISHARES GLOBAL INDUSTRIALS ISHARES ETF after losing 0.611%
(Updated on Jun 21, 2024)
The ISHARES GLOBAL INDUSTRIALS ISHARES ETF price fell by -0.611% on the last day (Friday, 21st Jun 2024) from $135.95 to $135.12. During the last trading day the ETF fluctuated 0.410% from a day low at $134.83 to a day high of $135.38. The price has fallen in 6 of the last 10 days and is down by -2.27% 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 -18 thousand shares and in total, 11 thousand shares were bought and sold for approximately $1.51 million.
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 GLOBAL INDUSTRIALS ISHARES ETF with a 90% probability to be traded between $132.90 and $141.21 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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EXI Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.768%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ISHARES GLOBAL INDUSTRIALS ISHARES 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 $135.63 and $138.29. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for ISHARES GLOBAL INDUSTRIALS ISHARES ETF
ISHARES GLOBAL INDUSTRIALS ISHARES finds support from accumulated volume at $135.04 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 $0.553 between high and low, or 0.410%. For the last week the ETF has had daily average volatility of 0.743%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EXI) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect ISHARES GLOBAL INDUSTRIALS ETF ISHARES GLOBAL INDUSTRIALS ETF to open at $135.11, and during the day (based on 14 day Average True Range), to move between $133.70 and $136.54, which gives a possible trading interval of +/-$1.42 (+/-1.05%) up or down from last closing price. If ISHARES GLOBAL INDUSTRIALS ETF ISHARES GLOBAL INDUSTRIALS ETF takes out the full calculated possible swing range there will be an estimated 2.10% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $135.04 (0.06%) than the resistance at $138.41 (2.43%), 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 GLOBAL INDUSTRIALS ETF ISHARES GLOBAL INDUSTRIALS ETF ETF A Buy?
ISHARES GLOBAL INDUSTRIALS ISHARES holds several negative signals and is within a 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: -1.013 Sell Candidate Unchanged
Predicted Opening Price for ISHARES GLOBAL INDUSTRIALS ETF ISHARES GLOBAL INDUSTRIALS ETF of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| $135.11 ( 0.0066%) | $135.12 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 135.66 | 0.403% |
| R2 | 135.45 | 0.246% |
| R1 | 135.32 | 0.150% |
| Price | 135.12 | |
| S1 | 134.90 | -0.163% |
| S2 | 134.77 | -0.260% |
| S3 | 134.56 | -0.416% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 140.39 | 3.90% |
| R2 | 138.65 | 2.61% |
| R1 | 138.41 | 2.43% |
| Price | 135.12 | |
| S1 | 135.04 | -0.0592% |
| S2 | 134.81 | -0.229% |
| S3 | 133.63 | -1.10% |
EXI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.86 | 0.688% |
| 2 | Nov 28, 2022 | Jun 07, 2023 | Jun 13, 2023 | $1.49 | 1.26% |
| 3 | Dec 13, 2021 | Dec 13, 2022 | Dec 19, 2022 | $0.586 | 0.553% |
| 4 | Dec 13, 2021 | Jun 09, 2022 | Jun 15, 2022 | $1.15 | 1.17% |
| 5 | Dec 30, 2021 | Dec 30, 2021 | Dec 30, 2021 | $0.177 | 0.144% |
FAQ
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