Ishares € Govt Bond 15-30yr Ucits Etf ETF Forecast
Ishares € Govt Bond 15-30yr Ucits Etf ETF price ended at 174.18€ on Friday, after losing 0.363%.
(Updated on Jun 28, 2024)
The Ishares € Govt Bond 15-30yr Ucits Etf ETF price fell by -0.363% on the last day (Friday, 28th Jun 2024) from 174.81€ to 174.18€. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.86% from a day low at 173.44€ to a day high of 174.92€. The price has fallen in 7 of the last 10 days and is down by -2.03% for this period. Volume has increased on the last day by 322 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 903 shares were bought and sold for approximately 157.28€ thousand.
The ETF lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -3.62% during the next 3 months and, with a 90% probability hold a price between 165.06€ and 172.51€ at the end of this 3-month period. 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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IBCL.F Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 0.81%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares € Govt Bond 15-30yr Ucits Etf 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 175.73€ and 176.46€. A break-up above any of these levels will issue buy signals. Ishares € Govt Bond 15-30yr Ucits Etf gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Ishares € Govt Bond 15-30yr Ucits Etf ETF
Ishares € Govt Bond 15-30yr Ucits Etf finds support from accumulated volume at 173.98€ 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 1.48€ between high and low, or 0.86%. For the last week the ETF has had daily average volatility of 0.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IBCL.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares € Govt Bond 15-30yr Ucits Etf to open at 174.18€, and during the day (based on 14 day Average True Range), to move between 172.50€ and 175.85€, which gives a possible trading interval of +/-1.67€ (+/-0.96%) up or down from last closing price. If Ishares € Govt Bond 15-30yr Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.92% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 173.98€ (0.11%) than the resistance at 180.06€ (3.38%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares € Govt Bond 15-30yr Ucits Etf ETF A Buy?
Ishares € Govt Bond 15-30yr Ucits Etf 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: -1.698 Sell Candidate Unchanged
Predicted Opening Price for Ishares € Govt Bond 15-30yr Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
174.18€ ( 0.0010%) | 174.18€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IBCL.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 175.66 | 0.85% |
R2 | 175.09 | 0.528% |
R1 | 174.74 | 0.327% |
Price | 174.18 | |
S1 | 173.61 | -0.325% |
S2 | 173.26 | -0.526% |
S3 | 172.69 | -0.85% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 181.93 | 4.45% |
R2 | 180.37 | 3.56% |
R1 | 180.06 | 3.38% |
Price | 174.18 | |
S1 | 173.98 | -0.112% |
S2 | 173.13 | -0.600% |
S3 | 172.77 | -0.81% |
FAQ
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