Ubs (ch) Property Fund - Léman Trust Forecast

Big movements in Ubs (ch) Property Fund - Léman trust price on Tuesday moving 43.16% between high and low
(Updated on Jun 25, 2024)

FONC.SW Signals & Forecast

The Ubs (ch) Property Fund - Léman trust holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the trust has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 133.71 Fr and 133.73 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, May 30, 2024, and so far it has risen 5.38%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 trust had a Golden Star Signal on Thursday, May 02, 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 trust in question.

Support, Risk & Stop-loss for Ubs (ch) Property Fund - Léman trust

Ubs (ch) Property Fund - Léman finds support from accumulated volume at 136.50 Fr and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust 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 trust During the last day, the trust moved 41.30 Fr between high and low, or 43.16%. For the last week the trust has had daily average volatility of 40.54%

Our recommended stop-loss: 132.31 Fr (-3.42%) (This trust has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (FONC.SW) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Ubs (ch) Property Fund - Léman Residential «foncipars» to open at 123.23 Fr, and during the day (based on 14 day Average True Range), to move between 105.79 Fr and 168.21 Fr, which gives a possible trading interval of +/-31.21 Fr (+/-22.78%) up or down from last closing price. If Ubs (ch) Property Fund - Léman Residential «foncipars» takes out the full calculated possible swing range there will be an estimated 45.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 137.50 Fr (0.36%) than the support at 136.50 Fr (0.36%), 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 Ubs (ch) Property Fund - Léman Residential «foncipars» trust A Buy?

Several short-term signals are positive, despite the trust being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for trust to perform well in the short-term. We have upgraded our analysis conclusion for this trust since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.755 Buy Candidate Upgraded

Predicted Opening Price for Ubs (ch) Property Fund - Léman Residential «foncipars» of Wednesday, June 26, 2024

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