14900 ETF Forecast

Red day on Friday for 14900 ETF after losing 0.0413%
(Updated on Jun 28, 2024)

HARD 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 14900 ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $24.38 and $25.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -8.69%. 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. The ETF had a Golden Star Signal on Thursday, March 28, 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.

Support, Risk & Stop-loss for 14900 ETF

14900 finds support from accumulated volume at $24.16 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 $0.0300 between high and low, or 0.124%. For the last week the ETF has had daily average volatility of 0.159%

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

Trading Expectations (HARD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect 14900 to open at $24.18, and during the day (based on 14 day Average True Range), to move between $23.93 and $24.43, which gives a possible trading interval of +/-$0.252 (+/-1.04%) up or down from last closing price. If 14900 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 $24.19 (0.04%) than the support at $24.16 (0.08%), 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 14900 ETF A Buy?

The 14900 ETF holds several negative signals and despite the positive trend, we believe 14900 will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -4.440 Sell Candidate Unchanged

Predicted Opening Price for 14900 of Monday, July 1, 2024

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