Goose Hollow Tactical Allocation Etf ETF 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
Goose Hollow Tactical Allocation Etf ETF price ended at $27.75 on Tuesday, after losing 0.0360%.
(Updated on Jun 18, 2024)
The Goose Hollow Tactical Allocation Etf ETF price gained 0.0902% on the last trading day (Tuesday, 18th Jun 2024), rising from $27.73 to $27.75. During the last trading day the ETF fluctuated 0.723% from a day low at $27.67 to a day high of $27.87. The price has risen in 5 of the last 10 days but is still down by -0.04% for this period. 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, 15 thousand shares were bought and sold for approximately $414.14 thousand.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $27.80 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Goose Hollow Tactical Allocation Etf ETF with a 90% probability to be traded between $27.38 and $27.64 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. 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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GHTA Signals & Forecast
There are mixed signals in the ETF today. The Goose Hollow Tactical Allocation Etf ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $27.77. On a fall, the ETF will find some support from the short-term average at $27.71. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Goose Hollow Tactical Allocation Etf gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 0.543%. Further rise is indicated until a new top pivot has been found.
A buy signal from a double bottom formation was found on Monday, June 10, 2024 and based on theory for this formation the price should go up by 1.66% to $28.21 within 6 trading days since signal was issued (Thursday, June 20, 2024).
Support, Risk & Stop-loss for Goose Hollow Tactical Allocation Etf ETF
Goose Hollow Tactical Allocation Etf finds support from accumulated volume at $27.69 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 $0.200 between high and low, or 0.723%. For the last week the ETF has had daily average volatility of 0.440%.
Our recommended stop-loss: $26.34 (-5.09%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (GHTA) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Goose Hollow Tactical Allocation Etf to open at $27.76, and during the day (based on 14 day Average True Range), to move between $27.63 and $27.87, which gives a possible trading interval of +/-$0.125 (+/-0.45%) up or down from last closing price. If Goose Hollow Tactical Allocation Etf takes out the full calculated possible swing range there will be an estimated 0.90% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $27.76 (0.04%) than the support at $27.69 (0.22%), 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 Goose Hollow Tactical Allocation Etf ETF A Buy?
Goose Hollow Tactical Allocation Etf 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.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Goose Hollow Tactical Allocation Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| $27.76 ( 0.0480%) | $27.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GHTA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.96 | 0.769% |
| R2 | 27.89 | 0.493% |
| R1 | 27.84 | 0.323% |
| Price | 27.75 | |
| S1 | 27.69 | -0.227% |
| S2 | 27.64 | -0.397% |
| S3 | 27.56 | -0.673% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.92 | 0.613% |
| R2 | 27.85 | 0.360% |
| R1 | 27.76 | 0.0360% |
| Price | 27.75 | |
| S1 | 27.69 | -0.220% |
| S2 | 27.66 | -0.324% |
| S3 | 27.60 | -0.541% |
GHTA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 27, 2023 | Dec 27, 2023 | Dec 29, 2023 | $0.0116 | 0.0421% |
| 2 | Dec 19, 2023 | Dec 19, 2023 | Dec 21, 2023 | $0.629 | 2.29% |
| 3 | Dec 23, 2022 | Dec 27, 2022 | Dec 29, 2022 | $0.0560 | 0.226% |
| 4 | Dec 19, 2022 | Dec 20, 2022 | Dec 22, 2022 | $0.0389 | 0.157% |
| 5 | Dec 23, 2021 | Dec 27, 2021 | Dec 29, 2021 | $0.100 | 0.412% |
FAQ
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