Fieldstone UVA Unconstrained Medium-Term ETF Forecast
Fieldstone UVA Unconstrained Medium-Term ETF downgraded to Hold/Accumulate
(Updated on Jul 03, 2024)
The Fieldstone UVA Unconstrained Medium-Term ETF price gained 0.603% on the last trading day (Wednesday, 3rd Jul 2024), rising from $21.55 to $21.68. During the last trading day the ETF fluctuated 0% from a day low at $21.68 to a day high of $21.68. The price has been going up and down for this period, and there has been a -1.59% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 15 thousand more shares were traded than the day before. In total, 16 thousand shares were bought and sold for approximately $352.93 thousand.
The ETF lies in the middle of a narrow and weak 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 3.09% during the next 3 months and, with a 90% probability hold a price between $22.14 and $22.90 at the end of this 3-month period.
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FFIU Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, July 01, 2024, and so far it has risen 1.07%. Further rise is indicated until a new top pivot has been found. Fieldstone UVA Unconstrained Medium-Term has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Fieldstone UVA Unconstrained Medium-Term 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 $21.73 and $21.72. 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 Fieldstone UVA Unconstrained Medium-Term ETF
Fieldstone UVA Unconstrained Medium-Term finds support from accumulated volume at $21.67 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.0674%.
Our recommended stop-loss: $20.37 (-6.03%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (FFIU) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect Fieldstone UVA Unconstrained Medium-Term Fixed Income to open at $21.68, and during the day (based on 14 day Average True Range), to move between $21.58 and $21.78, which gives a possible trading interval of +/-$0.105 (+/-0.48%) up or down from last closing price. If Fieldstone UVA Unconstrained Medium-Term Fixed Income takes out the full calculated possible swing range there will be an estimated 0.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $21.67 (0.05%) than the resistance at $21.70 (0.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Fieldstone UVA Unconstrained Medium-Term Fixed Income ETF A Buy?
Fieldstone UVA Unconstrained Medium-Term 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.822 Hold/Accumulate Downgraded
Predicted Opening Price for Fieldstone UVA Unconstrained Medium-Term Fixed Income of Friday, July 5, 2024
Fair opening price July 5, 2024 | Current price |
---|---|
$21.68 ( 0.00000000%) | $21.68 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FFIU
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 21.68 | 0.00000000% |
R2 | 21.68 | 0.00000000% |
R1 | 21.68 | 0.00000000% |
Price | 21.68 | |
S1 | 21.68 | 0.00000000% |
S2 | 21.68 | 0.00000000% |
S3 | 21.68 | 0.00000000% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 21.98 | 1.38% |
R2 | 21.79 | 0.507% |
R1 | 21.70 | 0.0923% |
Price | 21.68 | |
S1 | 21.67 | -0.0461% |
S2 | 21.65 | -0.138% |
S3 | 21.44 | -1.11% |
FFIU Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 28, 2024 | Mar 28, 2024 | Apr 02, 2024 | $0.225 | 1.04% |
2 | Dec 28, 2023 | Dec 28, 2023 | Dec 28, 2023 | $0.230 | 1.03% |
3 | Jan 16, 2023 | Sep 28, 2023 | Oct 02, 2023 | $0.0660 | 0.320% |
4 | Jan 16, 2023 | Aug 30, 2023 | Sep 01, 2023 | $0.0740 | 0.346% |
5 | Jan 16, 2023 | Jul 28, 2023 | Aug 01, 2023 | $0.0690 | 0.320% |
FAQ
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