ISHARES FALLEN ANGELS USD BOND ISHARES ETF Forecast
Green day on Wednesday for ISHARES FALLEN ANGELS USD BOND ISHARES
(Updated on Apr 17, 2024)
The ISHARES FALLEN ANGELS USD BOND ISHARES ETF price gained 0.154% on the last trading day (Wednesday, 17th Apr 2024), rising from $26.03 to $26.07. During the last trading day the ETF fluctuated 0.615% from a day low at $26.03 to a day high of $26.19. The price has fallen in 7 of the last 10 days and is down by -1.99% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 349 thousand more shares were traded than the day before. In total, 845 thousand shares were bought and sold for approximately $22.04 million.
The ETF is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $26.03 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect ISHARES FALLEN ANGELS USD BOND ISHARES ETF with a 90% probability to be traded between $25.93 and $26.76 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
FALN Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 0.154%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ISHARES FALLEN ANGELS USD BOND 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 $26.33 and $26.57. 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).
Support, Risk & Stop-loss for ISHARES FALLEN ANGELS USD BOND ISHARES ETF
ISHARES FALLEN ANGELS USD BOND ISHARES finds support from accumulated volume at $26.03 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 $0.160 between high and low, or 0.615%. For the last week the ETF has had daily average volatility of 0.604%.
ISHARES FALLEN ANGELS USD BOND ISHARES is oversold on RSI14 (16). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (FALN) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect ISHARES FALLEN ANGELS USD BOND ETF ISHARES FALLEN ANGELS USD BOND ETF to open at $26.10, and during the day (based on 14 day Average True Range), to move between $25.93 and $26.21, which gives a possible trading interval of +/-$0.137 (+/-0.53%) up or down from last closing price. If ISHARES FALLEN ANGELS USD BOND ETF ISHARES FALLEN ANGELS USD BOND ETF takes out the full calculated possible swing range there will be an estimated 1.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $26.03 (0.15%) than the resistance at $26.48 (1.57%), 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 FALLEN ANGELS USD BOND ETF ISHARES FALLEN ANGELS USD BOND ETF ETF A Buy?
ISHARES FALLEN ANGELS USD BOND ISHARES holds several negative signals and is within a narrow and 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: -1.413 Sell Candidate Unchanged
Predicted Opening Price for ISHARES FALLEN ANGELS USD BOND ETF ISHARES FALLEN ANGELS USD BOND ETF of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| $26.10 ( 0.102%) | $26.07 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FALN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.26 | 0.716 % | |
| R2 | 26.20 | 0.482 % | ||
| R1 | 26.16 | 0.337 % | ||
| Current price: | 26.07 | |||
| Support | S1 | 26.04 | -0.132 % | |
| S2 | 26.00 | -0.277 % | ||
| S3 | 25.94 | -0.511 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.58 | 1.96 % | |
| R2 | 26.54 | 1.80 % | ||
| R1 | 26.48 | 1.57 % | ||
| Current price | 26.07 | |||
| Support | S1 | 26.03 | -0.153% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FALN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Apr 01, 2024 | Apr 05, 2024 | $0.169 | 0.637% |
| 2 | Feb 29, 2024 | Mar 01, 2024 | Mar 07, 2024 | $0.134 | 0.506% |
| 3 | Jan 31, 2024 | Feb 01, 2024 | Feb 07, 2024 | $0.122 | 0.462% |
| 4 | Nov 30, 2023 | Dec 14, 2023 | Dec 07, 2023 | $0.132 | 0.509% |
| 5 | Nov 30, 2023 | Dec 01, 2023 | Dec 07, 2023 | $0.123 | 0.473% |
FAQ
Click here for our free guide on how to buy ISHARES FALLEN ANGELS USD BOND ETF ISHARES FALLEN ANGELS USD BOND ETF ETF.
