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Procure Disaster Recovery Strategy Etf ETF Forecast

$35.07
-0.430 (-1.21%)
At Close: Jun 25, 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.
AI Analysis of FIXT
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Evaluation of Procure Disaster Recovery Strategy Etf ETF downgraded after the last trading session.
(Updated on Jun 25, 2024)

Sell candidate since Jun 25, 2024 PDF

The Procure Disaster Recovery Strategy Etf ETF price fell by -1.21% on the last day (Tuesday, 25th Jun 2024) from $35.50 to $35.07. During the last trading day the ETF fluctuated 0% from a day low at $35.07 to a day high of $35.07. The price has been going up and down for this period, and there has been a -1.27% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -655 shares and in total, 15 shares were bought and sold for approximately $526.05 .

The ETF lies in the middle of a 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 5.34% during the next 3 months and, with a 90% probability hold a price between $35.73 and $38.63 at the end of this 3-month period.

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FIXT Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Procure Disaster Recovery Strategy Etf 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 $35.26 and $35.19. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -1.60%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation A sell signal from a double top formation was found on Tuesday, June 18, 2024 and based on theory for this formation the price should fall by -3.43% to $33.87 within 26 trading days since signal was issued (Friday, July 26, 2024).

Support, Risk & Stop-loss for Procure Disaster Recovery Strategy Etf ETF

Procure Disaster Recovery Strategy Etf finds support from accumulated volume at $33.48 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.492%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FIXT) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Procure Disaster Recovery Strategy Etf to open at $35.07, and during the day (based on 14 day Average True Range), to move between $34.70 and $35.44, which gives a possible trading interval of +/-$0.367 (+/-1.05%) up or down from last closing price. If Procure Disaster Recovery Strategy Etf takes out the full calculated possible swing range there will be an estimated 2.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $35.19 (0.34%) than the support at $33.48 (4.53%), 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 Procure Disaster Recovery Strategy Etf ETF A Buy?

The Procure Disaster Recovery Strategy Etf ETF holds several negative signals and despite the positive trend, we believe Procure Disaster Recovery Strategy Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. 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 Sell candidate.

Current score: -2.961 Sell Candidate Downgraded

Predicted Opening Price for Procure Disaster Recovery Strategy Etf of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$35.07 ( 0%) $35.07

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

Trading levels for FIXT

Fibonacci Support & Resistance Levels

Level Price
R3 35.07 -
R2 35.07 -
R1 35.07 -
Price 35.07
S1 35.07 -
S2 35.07 -
S3 35.07 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 35.64 1.63%
R2 35.37 0.86%
R1 35.19 0.342%
Price 35.07
S1 33.48 -4.53%
S2 33.40 -4.76%
S3 32.58 -7.10%

FIXT Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 25, 2024 Mar 26, 2024 Mar 28, 2024 $0.0979 0.283%
2 Dec 27, 2023 Dec 28, 2023 Jan 03, 2024 $0.0355 0.119%
3 Sep 26, 2023 Sep 27, 2023 Sep 29, 2023 $0.0510 0.185%
4 Jun 27, 2023 Jun 28, 2023 Jun 30, 2023 $0.0104 0.0366%
5 Mar 28, 2023 Mar 29, 2023 Mar 31, 2023 $0.0060 0.0234%

FAQ

What is the symbol for Procure Disaster Recovery Strategy Etf ETF and on which exchange is it traded?
The symbol for Procure Disaster Recovery Strategy Etf is FIXT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Procure Disaster Recovery Strategy Etf ETF?
The Procure Disaster Recovery Strategy Etf ETF holds several negative signals and despite the positive trend, we believe Procure Disaster Recovery Strategy Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. 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 Sell candidate.

How to buy Procure Disaster Recovery Strategy Etf ETF?
Procure Disaster Recovery Strategy 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 Procure Disaster Recovery Strategy Etf ETF.

What's the current price of Procure Disaster Recovery Strategy Etf ETF?
As of the end of day on the Jun 25, 2024, the price of an Procure Disaster Recovery Strategy Etf (FIXT) share was $35.07.

What is the 52-week high and low for Procure Disaster Recovery Strategy Etf ETF?
The 52-week high for Procure Disaster Recovery Strategy Etf ETF is $35.77 and the 52-week low is $25.07.

What is the market capitalization of Procure Disaster Recovery Strategy Etf ETF?
As of the Jun 25, 2024, the market capitalization of Procure Disaster Recovery Strategy Etf is 2.669M.
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