Ishares Core Euro Stoxx 50 Ucits Etf ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=7af89690dc608c90c3195b6dbe9356f97168a843)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=7af89690dc608c90c3195b6dbe9356f97168a843)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=7af89690dc608c90c3195b6dbe9356f97168a843)
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Wednesday for Ishares Core Euro Stoxx 50 Ucits Etf
(Updated on Jul 03, 2024)
The Ishares Core Euro Stoxx 50 Ucits Etf ETF price gained 1.25% on the last trading day (Wednesday, 3rd Jul 2024), rising from 49.79€ to 50.41€. During the last trading day the ETF fluctuated 0.92% from a day low at 50.05€ to a day high of 50.51€. The price has fallen in 6 of the last 10 days but is still up by 1.66% over the past 2 weeks. Volume fell on the last day by -156 thousand shares and in total, 243 thousand shares were bought and sold for approximately 12.27€ million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 Core Euro Stoxx 50 Ucits Etf ETF with a 90% probability to be traded between 49.59€ and 52.15€ 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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EXW1.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 1.81%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares Core Euro Stoxx 50 Ucits Etf 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 50.83€. On a fall, the ETF will find some support from the short-term average at 49.94€. 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. The ETF had a Golden Star Signal on Monday, May 06, 2024 in the short-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
The ETF had a Golden Star Signal on Monday, May 06, 2024 in the short-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 Core Euro Stoxx 50 Ucits Etf ETF
Ishares Core Euro Stoxx 50 Ucits Etf finds support from accumulated volume at 49.64€ 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 0.460€ between high and low, or 0.92%. For the last week the ETF has had daily average volatility of 1.01%.
Our recommended stop-loss: 47.89€ (-5.00%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)
Trading Expectations (EXW1.F) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Ishares Core Euro Stoxx 50 Ucits Etf (de) to open at 50.32€, and during the day (based on 14 day Average True Range), to move between 49.78€ and 51.04€, which gives a possible trading interval of +/-0.634€ (+/-1.26%) up or down from last closing price. If Ishares Core Euro Stoxx 50 Ucits Etf (de) takes out the full calculated possible swing range there will be an estimated 2.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 50.92€ (1.01%) than the support at 49.64€ (1.53%), 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 Core Euro Stoxx 50 Ucits Etf (de) ETF A Buy?
Ishares Core Euro Stoxx 50 Ucits Etf holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.077 Hold/Accumulate Unchanged
Predicted Opening Price for Ishares Core Euro Stoxx 50 Ucits Etf (de) of Thursday, July 4, 2024
Fair opening price July 4, 2024 | Current price |
---|---|
50.32€ ( 0.172%) | 50.41€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for EXW1.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 50.78 | 0.741% |
R2 | 50.61 | 0.392% |
R1 | 50.50 | 0.177% |
Price | 50.41 | |
S1 | 50.15 | -0.521% |
S2 | 50.04 | -0.736% |
S3 | 49.86 | -1.08% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 51.99 | 3.13% |
R2 | 51.60 | 2.36% |
R1 | 50.92 | 1.01% |
Price | 50.41 | |
S1 | 49.64 | -1.53% |
S2 | 49.52 | -1.77% |
S3 | 49.52 | -1.78% |
EXW1 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 15, 2024 | Mar 15, 2024 | Mar 15, 2024 | 0.127€ | 0% |
2 | Dec 15, 2023 | Dec 15, 2023 | Dec 15, 2023 | 0.0938€ | 0% |
3 | Sep 15, 2023 | Sep 15, 2023 | Sep 15, 2023 | 0.597€ | 0% |
4 | Jun 15, 2023 | Jun 15, 2023 | Jun 15, 2023 | 0.401€ | 0% |
5 | Mar 15, 2023 | Mar 15, 2023 | Mar 15, 2023 | 0.194€ | 0% |
FAQ
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