Ishares € Inflation Linked Govt Bond ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Green day on Thursday for Ishares € Inflation Linked Govt Bond
(Updated on Jun 27, 2024)
The Ishares € Inflation Linked Govt Bond ETF price gained 0.0045% on the last trading day (Thursday, 27th Jun 2024), rising from 224.11€ to 224.12€. During the last trading day the ETF fluctuated 0.500% from a day low at 223.88€ to a day high of 225.00€. The price has fallen in 5 of the last 10 days and is down by -0.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 450 more shares were traded than the day before. In total, 726 shares were bought and sold for approximately 162.71€ thousand.
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 Ishares € Inflation Linked Govt Bond ETF with a 90% probability to be traded between 220.91€ and 223.93€ 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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IBCI.F Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Ishares € Inflation Linked Govt Bond 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares € Inflation Linked Govt Bond 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 224.87€ and 225.53€. 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 -0.95%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Ishares € Inflation Linked Govt Bond ETF
Ishares € Inflation Linked Govt Bond finds support from accumulated volume at 224.11€ 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 1.12€ between high and low, or 0.500%. For the last week the ETF has had daily average volatility of 0.431%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IBCI.F) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Ishares € Inflation Linked Govt Bond Ucits Etf to open at 224.33€, and during the day (based on 14 day Average True Range), to move between 223.03€ and 225.21€, which gives a possible trading interval of +/-1.09€ (+/-0.49%) up or down from last closing price. If Ishares € Inflation Linked Govt Bond Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 224.11€ (0.00%) than the resistance at 225.14€ (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares € Inflation Linked Govt Bond Ucits Etf ETF A Buy?
Ishares € Inflation Linked Govt Bond holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -3.196 Sell Candidate Unchanged
Predicted Opening Price for Ishares € Inflation Linked Govt Bond Ucits Etf of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| 224.33€ ( 0.0952%) | 224.12€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IBCI.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 225.45 | 0.595% |
| R2 | 225.03 | 0.404% |
| R1 | 224.76 | 0.286% |
| Price | 224.12 | |
| S1 | 223.91 | -0.0957% |
| S2 | 223.64 | -0.214% |
| S3 | 223.21 | -0.405% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 226.83 | 1.21% |
| R2 | 226.82 | 1.20% |
| R1 | 225.14 | 0.455% |
| Price | 224.12 | |
| S1 | 224.11 | -0.0045% |
| S2 | 223.82 | -0.134% |
| S3 | 223.40 | -0.321% |
FAQ
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