Ishares Stoxx Europe Small 200 Ucits Etf ETF Forecast

Red day on Friday for Ishares Stoxx Europe Small 200 Ucits Etf ETF after losing 0.674%
(Updated on Jun 28, 2024)

EXSE.F Signals & Forecast

There are few to no technical positive signals at the moment. The Ishares Stoxx Europe Small 200 Ucits Etf 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 32.86€ and 33.54€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -5.36%. 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). Ishares Stoxx Europe Small 200 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".

Support, Risk & Stop-loss for Ishares Stoxx Europe Small 200 Ucits Etf ETF

Ishares Stoxx Europe Small 200 Ucits Etf finds support from accumulated volume at 32.31€ 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 0.300€ between high and low, or 0.93%. For the last week the ETF has had daily average volatility of 1.15%.

Our recommended stop-loss: 30.69€ (-5.28%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 52 days ago.)

Trading Expectations (EXSE.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ishares Stoxx Europe Small 200 Ucits Etf (de) to open at 32.50€, and during the day (based on 14 day Average True Range), to move between 32.03€ and 32.78€, which gives a possible trading interval of +/-0.376€ (+/-1.16%) up or down from last closing price. If Ishares Stoxx Europe Small 200 Ucits Etf (de) takes out the full calculated possible swing range there will be an estimated 2.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 32.31€ (0.29%) than the resistance at 32.70€ (0.89%), 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 Stoxx Europe Small 200 Ucits Etf (de) ETF A Buy?

Ishares Stoxx Europe Small 200 Ucits Etf holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.565 Hold/Accumulate Unchanged

Predicted Opening Price for Ishares Stoxx Europe Small 200 Ucits Etf (de) of Monday, July 1, 2024

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