Ishares Sli Ucits Etf (de) ETF Forecast
Ishares Sli Ucits Etf (de) ETF price down 0.471% on Friday
(Updated on Jun 28, 2024)
The Ishares Sli Ucits Etf (de) ETF price fell by -0.471% on the last day (Friday, 28th Jun 2024) from 140.24€ to 139.58€. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 0.530% from a day low at 139.58€ to a day high of 140.32€. The price has fallen in 6 of the last 10 days and is down by -2.41% 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 -7 thousand shares and in total, 405 shares were bought and sold for approximately 56.53€ thousand.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 138.55€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 8.53% during the next 3 months and, with a 90% probability hold a price between 150.36€ and 158.91€ at the end of this 3-month period.
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EXI1.F Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares Sli Ucits Etf (de) 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 140.82€ and 140.33€. 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 07, 2024, and so far it has fallen -2.83%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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. The ETF had a Golden Star Signal on Wednesday, July 12, 2023 in the long-term chart.
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 Wednesday, July 12, 2023 in the long-term chart.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.
Support, Risk & Stop-loss for Ishares Sli Ucits Etf (de) ETF
Ishares Sli Ucits Etf (de) finds support from accumulated volume at 135.06€ 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 0.740€ between high and low, or 0.530%. For the last week the ETF has had daily average volatility of 0.82%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (EXI1.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Sli Ucits Etf (de) to open at 139.83€, and during the day (based on 14 day Average True Range), to move between 138.37€ and 140.79€, which gives a possible trading interval of +/-1.21€ (+/-0.87%) up or down from last closing price. If Ishares Sli Ucits Etf (de) takes out the full calculated possible swing range there will be an estimated 1.74% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 140.24€ (0.47%) than the support at 135.06€ (3.24%), 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 Sli Ucits Etf (de) ETF A Buy?
The Ishares Sli Ucits Etf (de) ETF holds several negative signals and despite the positive trend, we believe Ishares Sli Ucits Etf (de) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -2.882 Sell Candidate Unchanged
Predicted Opening Price for Ishares Sli Ucits Etf (de) of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 139.83€ ( 0.177%) | 139.58€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXI1.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 140.57 | 0.707% |
| R2 | 140.28 | 0.504% |
| R1 | 140.11 | 0.379% |
| Price | 139.58 | |
| S1 | 139.54 | -0.0258% |
| S2 | 139.37 | -0.151% |
| S3 | 139.09 | -0.353% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 142.96 | 2.42% |
| R2 | 141.92 | 1.68% |
| R1 | 140.24 | 0.473% |
| Price | 139.58 | |
| S1 | 135.06 | -3.24% |
| S2 | 134.90 | -3.35% |
| S3 | 133.52 | -4.34% |
FAQ
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