Ubs (ch) Property Fund - Léman Trust Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
High volatility in Ubs (ch) Property Fund - Léman trust price on Friday which ended trading at 136.00 Fr
(Updated on Jun 28, 2024)
The Ubs (ch) Property Fund - Léman trust price gained 1.49% on the last trading day (Friday, 28th Jun 2024), rising from 134.00 Fr to 136.00 Fr. During the last trading day the trust fluctuated 42.11% from a day low at 95.70 Fr to a day high of 136.00 Fr. The price has risen in 6 of the last 10 days and is up by 3.03% over the past 2 weeks.
The trust lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at 136.77 Fr will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the trust is expected to fall -3.35% during the next 3 months and, with a 90% probability hold a price between 124.06 Fr and 132.18 Fr at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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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. 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 135.07 Fr and 133.64 Fr. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.730%. Further fall is indicated until a new bottom pivot has been found. 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.
Support, Risk & Stop-loss for Ubs (ch) Property Fund - Léman trust
Ubs (ch) Property Fund - Léman finds support from accumulated volume at 135.50 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 40.30 Fr between high and low, or 42.11%. For the last week the trust has had daily average volatility of 41.69%
Our recommended stop-loss: 131.57 Fr (-3.25%) (This trust has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (FONC.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ubs (ch) Property Fund - Léman Residential «foncipars» to open at 122.57 Fr, and during the day (based on 14 day Average True Range), to move between 103.02 Fr and 168.98 Fr, which gives a possible trading interval of +/-32.98 Fr (+/-24.25%) 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 48.50% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 136.50 Fr (0.37%) than the support at 135.50 Fr (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 Ubs (ch) Property Fund - Léman Residential «foncipars» trust A Buy?
Ubs (ch) Property Fund - Léman holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this trust since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.418 Hold/Accumulate Upgraded
Predicted Opening Price for Ubs (ch) Property Fund - Léman Residential «foncipars» of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 122.57 Fr ( 9.88%) | 136.00 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for FONC.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 162.87 | 19.75% |
| R2 | 147.47 | 8.44% |
| R1 | 137.96 | 1.44% |
| Price | 136.00 | |
| S1 | 107.17 | -21.20% |
| S2 | 97.66 | -28.19% |
| S3 | 82.27 | -39.51% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 137.50 | 1.10% |
| R2 | 137.00 | 0.735% |
| R1 | 136.50 | 0.368% |
| Price | 136.00 | |
| S1 | 135.50 | -0.368% |
| S2 | 135.00 | -0.735% |
| S3 | 133.00 | -2.21% |
FAQ
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