Ishares V Plc - Ishares S&p 500 Eur ETF Forecast

Ishares V Plc - Ishares S&p 500 Eur ETF upgraded to Buy Candidate.
(Updated on Jun 28, 2024)

IBCF.F Signals & Forecast

Mostly positive signals in the chart today. The Ishares V Plc - Ishares S&p 500 Eur ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 115.18€ and 112.69€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 10.39%. 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). Ishares V Plc - Ishares S&p 500 Eur 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. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Ishares V Plc - Ishares S&p 500 Eur ETF

Ishares V Plc - Ishares S&p 500 Eur finds support from accumulated volume at 115.14€ 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 0.680€ between high and low, or 0.589%. For the last week the ETF has had daily average volatility of 0.484%.

Our recommended stop-loss: 111.63€ (-3.48%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 68 days ago.)

Trading Expectations (IBCF.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ishares V Plc - Ishares S&p 500 Eur Hedged Ucits Etf (acc) to open at 115.73€, and during the day (based on 14 day Average True Range), to move between 114.86€ and 116.45€, which gives a possible trading interval of +/-0.795€ (+/-0.69%) up or down from last closing price. If Ishares V Plc - Ishares S&p 500 Eur Hedged Ucits Etf (acc) takes out the full calculated possible swing range there will be an estimated 1.37% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ 115.14€, some 0.515€ (0.45%) from the current price of 115.66€, our system finds the risk reward attractive.

Is Ishares V Plc - Ishares S&p 500 Eur Hedged Ucits Etf (acc) ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ishares V Plc - Ishares S&p 500 Eur ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 4.379 Buy Candidate Upgraded

Predicted Opening Price for Ishares V Plc - Ishares S&p 500 Eur Hedged Ucits Etf (acc) of Monday, July 1, 2024

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