Cambria Emerging Shareholder Yield ETF Forecast

$33.54
+0.240 (+0.721%)
At Close: Mar 27, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Green day on Wednesday for Cambria Emerging Shareholder Yield ETF after gaining 0.721%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 31, 2024 Gain 7.98% PDF

The Cambria Emerging Shareholder Yield ETF price gained 0.721% on the last trading day (Wednesday, 27th Mar 2024), rising from $33.30 to $33.54. During the last trading day the ETF fluctuated 0.750% from a day low at $33.31 to a day high of $33.56. The price has fallen in 6 of the last 10 days and is down by -0.68% for this period. Volume fell on the last day by -439 thousand shares and in total, 35 thousand shares were bought and sold for approximately $1.18 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 lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 12.80% during the next 3 months and, with a 90% probability hold a price between $37.01 and $39.54 at the end of this 3-month period.

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EYLD Signals & Forecast

There are mixed signals in the ETF today. A sell signal was issued from a pivot top point on Thursday, March 07, 2024, and so far it has fallen -1.76%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The Cambria Emerging Shareholder Yield ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $33.43 and $32.98. A breakdown below any of these levels will issue sell signals. The ETF had a Golden Star Signal on Friday, March 31, 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.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Friday, March 31, 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 Cambria Emerging Shareholder Yield ETF

Cambria Emerging Shareholder Yield finds support from accumulated volume at $33.42 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 $0.250 between high and low, or 0.750%. For the last week the ETF has had daily average volatility of 0.92%

Our recommended stop-loss: $32.22 (-3.93%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (EYLD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Cambria Emerging Shareholder Yield ETF to open at $33.47, and during the day (based on 14 day Average True Range), to move between $33.17 and $33.91, which gives a possible trading interval of +/-$0.373 (+/-1.11%) up or down from last closing price. If Cambria Emerging Shareholder Yield ETF takes out the full calculated possible swing range there will be an estimated 2.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $33.65 (0.33%) than the support at $33.42 (0.37%), 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 Cambria Emerging Shareholder Yield ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cambria Emerging Shareholder Yield ETF to perform well in the short-term.

Current score: 2.713 Buy Candidate Unchanged

Predicted Opening Price for Cambria Emerging Shareholder Yield ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$33.47 ( 0.209%) $33.54

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

Trading levels for EYLD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.72 0.536 %
R2 33.62 0.252 %
R1 33.57 0.0758 %
Current price: 33.54
Support S1 33.37 -0.493 %
S2 33.32 -0.669 %
S3 33.22 -0.95 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 34.14 1.79 %
R2 34.00 1.37 %
R1 33.65 0.328 %
Current price 33.54
Support S1 33.42 -0.371%
S2 33.30 -0.716%
S3 32.76 -2.33%

EYLD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Apr 01, 2024 $0.205 0.613%
2 Dec 14, 2023 Dec 14, 2023 Dec 14, 2023 $0.0570 0.186%
3 Sep 20, 2023 Sep 21, 2023 Oct 02, 2023 $0.497 1.74%
4 Jun 21, 2023 Jun 22, 2023 Jul 03, 2023 $0.99 3.53%
5 Mar 22, 2023 Mar 23, 2023 Apr 03, 2023 $0.195 0.685%

FAQ

What is the symbol for Cambria Emerging Shareholder Yield ETF ETF and on which exchange is it traded?
The symbol for Cambria Emerging Shareholder Yield ETF is EYLD and it is traded on the BATS (BATS Global Markets).

Should I buy or sell Cambria Emerging Shareholder Yield ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Cambria Emerging Shareholder Yield ETF to perform well in the short-term.

How to buy Cambria Emerging Shareholder Yield ETF ETF?
Cambria Emerging Shareholder Yield ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Cambria Emerging Shareholder Yield ETF ETF.

What's the current price of Cambria Emerging Shareholder Yield ETF ETF?
As of the end of day on the 2024-03-27, the price of an Cambria Emerging Shareholder Yield ETF (EYLD) share was $33.54.

What is the 52-week high and low for Cambria Emerging Shareholder Yield ETF ETF?
The 52-week high for Cambria Emerging Shareholder Yield ETF ETF is $34.35 and the 52-week low is $27.25.

What is the market capitalization of Cambria Emerging Shareholder Yield ETF ETF?
As of the 2024-03-27, the market capitalization of Cambria Emerging Shareholder Yield ETF is 285.887M.
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