Lyxor Core Uk Government ETF Forecast
Red day on Friday for Lyxor Core Uk Government
(Updated on Jun 28, 2024)
The Lyxor Core Uk Government ETF price fell by -0.0122% on the last day (Friday, 28th Jun 2024) from £14,208.00 to £14,206.26. During the last trading day the ETF fluctuated 0.463% from a day low at £14,195.00 to a day high of £14,260.75. The price has fallen in 7 of the last 10 days and is down by -0.7% for this period. Volume has increased on the last day by 111 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 111 shares were bought and sold for approximately £1.58 million.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Lyxor Core Uk Government ETF with a 90% probability to be traded between £14,157.20 and £14,807.43 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.
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GILI.L 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 Lyxor Core Uk Government 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 £14,276.68 and £14,246.71. 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 -1.65%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Friday, May 03, 2024 in the long-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 ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Friday, May 03, 2024 in the long-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 ETF in question.
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 -3.99% to £13,639.12 within 21 trading days since signal was issued (Wednesday, July 17, 2024).
Support, Risk & Stop-loss for Lyxor Core Uk Government ETF
Lyxor Core Uk Government finds support from accumulated volume at £14,106.50 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 £65.75 between high and low, or 0.463%. For the last week the ETF has had daily average volatility of 0.687%.
Our recommended stop-loss: £13,763.03 (-3.12%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (GILI.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Lyxor Core Uk Government Inflation-linked Bond (dr) Ucits Etf to open at £14,220.67, and during the day (based on 14 day Average True Range), to move between £14,077.04 and £14,335.48, which gives a possible trading interval of +/-£129.22 (+/-0.91%) up or down from last closing price. If Lyxor Core Uk Government Inflation-linked Bond (dr) Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £14,106.50 (0.70%) than the resistance at £14,350.50 (1.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lyxor Core Uk Government Inflation-linked Bond (dr) Ucits Etf ETF A Buy?
Lyxor Core Uk Government 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.
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 Lyxor Core Uk Government Inflation-linked Bond (dr) Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| £14,220.67 ( 0.101%) | £14,206.26 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for GILI.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14,286.42 | 0.564% |
| R2 | 14,261.30 | 0.387% |
| R1 | 14,245.79 | 0.278% |
| Price | 14,206.26 | |
| S1 | 14,195.55 | -0.0754% |
| S2 | 14,180.04 | -0.185% |
| S3 | 14,154.92 | -0.361% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 14,427.50 | 1.56% |
| R2 | 14,393.96 | 1.32% |
| R1 | 14,350.50 | 1.02% |
| Price | 14,206.26 | |
| S1 | 14,106.50 | -0.702% |
| S2 | 13,959.00 | -1.74% |
| S3 | 13,880.00 | -2.30% |
GILI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 12, 2023 | Dec 12, 2023 | Dec 12, 2023 | £0.740 | 0.0053% |
| 2 | Dec 07, 2022 | Dec 07, 2022 | Dec 07, 2022 | £0.290 | 0.0019% |
| 3 | Jul 06, 2022 | Jul 06, 2022 | Jul 06, 2022 | £0.390 | 0.0023% |
| 4 | Dec 08, 2021 | Dec 08, 2021 | Dec 08, 2021 | £0.292 | 0.0012% |
| 5 | Jul 07, 2021 | Jul 07, 2021 | Jul 07, 2021 | £0.350 | 0.0016% |
FAQ
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