Harvest Us Bank Leaders Income Etf Class ETF Forecast
Harvest Us Bank Leaders Income Etf Class ETF price up 1.57% on Friday
(Updated on Jun 28, 2024)
The Harvest Us Bank Leaders Income Etf Class ETF price gained 1.57% on the last trading day (Friday, 28th Jun 2024), rising from $11.77 to $11.96. During the last trading day the ETF fluctuated 0.0418% from a day low at $11.95 to a day high of $11.96. The price has risen in 6 of the last 10 days and is up by 3.69% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $17.94 thousand.
The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Harvest Us Bank Leaders Income Etf Class ETF with a 90% probability to be traded between $11.34 and $12.49 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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HUBL.TO Signals & Forecast
The Harvest Us Bank Leaders Income Etf Class ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $11.82 and $11.94. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 4.14%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Harvest Us Bank Leaders Income Etf Class has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Harvest Us Bank Leaders Income Etf Class ETF
Harvest Us Bank Leaders Income Etf Class finds support from accumulated volume at $11.94 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 $0.0050 between high and low, or 0.0418%. For the last week the ETF has had daily average volatility of 0.290%.
Our recommended stop-loss: $11.34 (-5.18%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 28 days ago.)
Trading Expectations (HUBL.TO) For The Upcoming Trading Day Of Tuesday 2nd
For the upcoming trading day on Tuesday, 2nd we expect Harvest Us Bank Leaders Income Etf Class A to open at $11.95, and during the day (based on 14 day Average True Range), to move between $11.83 and $12.08, which gives a possible trading interval of +/-$0.130 (+/-1.08%) up or down from last closing price. If Harvest Us Bank Leaders Income Etf Class A takes out the full calculated possible swing range there will be an estimated 2.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $11.94 (0.17%) than the resistance at $12.00 (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 Harvest Us Bank Leaders Income Etf Class A ETF A Buy?
Harvest Us Bank Leaders Income Etf Class 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: 0.128 Hold/Accumulate Unchanged
Predicted Opening Price for Harvest Us Bank Leaders Income Etf Class A of Tuesday, July 2, 2024
| Fair opening price July 2, 2024 | Current price |
|---|---|
| $11.95 ( 0.0139%) | $11.96 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HUBL.TO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 11.96 | 0.0279% |
| R2 | 11.96 | 0.0119% |
| R1 | 11.96 | 0.0020% |
| Price | 11.96 | |
| S1 | 11.95 | -0.0299% |
| S2 | 11.95 | -0.0398% |
| S3 | 11.95 | -0.0558% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.23 | 2.30% |
| R2 | 12.05 | 0.795% |
| R1 | 12.00 | 0.376% |
| Price | 11.96 | |
| S1 | 11.94 | -0.167% |
| S2 | 11.91 | -0.376% |
| S3 | 11.61 | -2.89% |
FAQ
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