Hsbc Msci Pacific Ex Japan Ucits Etf ETF Forecast
Red day on Tuesday for Hsbc Msci Pacific Ex Japan Ucits Etf
(Updated on Jun 25, 2024)
The Hsbc Msci Pacific Ex Japan Ucits Etf ETF price fell by -0.469% on the last day (Tuesday, 25th Jun 2024) from £1,066.00 to £1,061.00. During the last trading day the ETF fluctuated 0.85% from a day low at £1,059.00 to a day high of £1,068.00. The price has risen in 5 of the last 10 days and is up by 1.43% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -15 thousand shares and in total, 11 thousand shares were bought and sold for approximately £11.61 million.
The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 3.56% during the next 3 months and, with a 90% probability hold a price between £1,067.42 and £1,144.00 at the end of this 3-month period.
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HMXJ.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 Hsbc Msci Pacific Ex Japan Ucits 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 £1,064.02. On a fall, the ETF will find some support from the short-term average at £1,060.39. 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. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -2.62%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The ETF had a Golden Star Signal on Monday, December 11, 2023 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 Monday, December 11, 2023 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 Hsbc Msci Pacific Ex Japan Ucits Etf ETF
Hsbc Msci Pacific Ex Japan Ucits Etf finds support from accumulated volume at £1,059.50 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 £9.00 between high and low, or 0.85%. For the last week the ETF has had daily average volatility of 0.568%.
Our recommended stop-loss: £1,004.85 (-5.29%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 47 days ago.)
Trading Expectations (HMXJ.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Hsbc Msci Pacific Ex Japan Ucits Etf to open at £1,062.67, and during the day (based on 14 day Average True Range), to move between £1,052.15 and £1,069.85, which gives a possible trading interval of +/-£8.85 (+/-0.83%) up or down from last closing price. If Hsbc Msci Pacific Ex Japan Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £1,059.50 (0.14%) than the resistance at £1,065.00 (0.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Hsbc Msci Pacific Ex Japan Ucits Etf ETF A Buy?
Hsbc Msci Pacific Ex Japan Ucits 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: 0.296 Hold/Accumulate Unchanged
Predicted Opening Price for Hsbc Msci Pacific Ex Japan Ucits Etf of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£1,062.67 ( 0.157%) | £1,061.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HMXJ.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,071.67 | 1.01% |
R2 | 1,068.23 | 0.681% |
R1 | 1,066.10 | 0.481% |
Price | 1,061.00 | |
S1 | 1,059.23 | -0.167% |
S2 | 1,057.10 | -0.367% |
S3 | 1,053.67 | -0.691% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,089.50 | 2.69% |
R2 | 1,075.00 | 1.32% |
R1 | 1,065.00 | 0.377% |
Price | 1,061.00 | |
S1 | 1,059.50 | -0.141% |
S2 | 1,051.00 | -0.94% |
S3 | 1,049.00 | -1.13% |
HMXJ Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 18, 2024 | Jan 18, 2024 | Feb 08, 2024 | £0.206 | 0.0205% |
2 | Jul 27, 2023 | Jul 27, 2023 | Aug 18, 2023 | £21.66 | 2.26% |
3 | Jan 19, 2023 | Jan 19, 2023 | Feb 10, 2023 | £22.50 | 1.95% |
4 | Jul 28, 2022 | Jul 28, 2022 | Aug 19, 2022 | £22.34 | 2.02% |
5 | Jan 20, 2022 | Jan 20, 2022 | Feb 11, 2022 | £19.71 | 1.85% |
FAQ
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