Ishares $ Treasury Bond 0-1yr Ucits Etf ETF Forecast
Green day on Tuesday for Ishares $ Treasury Bond 0-1yr Ucits Etf
(Updated on Jun 25, 2024)
The Ishares $ Treasury Bond 0-1yr Ucits Etf ETF price gained 0.0492% on the last trading day (Tuesday, 25th Jun 2024), rising from $5.08 to $5.08. During the last trading day the ETF fluctuated 0.0197% from a day low at $5.08 to a day high of $5.08. The price has risen in 7 of the last 10 days and is up by 0.23% 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, 183 thousand more shares were traded than the day before. In total, 305 thousand shares were bought and sold for approximately $1.55 million.
The ETF is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $5.08 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Ishares $ Treasury Bond 0-1yr Ucits Etf ETF with a 90% probability to be traded between $5.15 and $5.15 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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IBTU.L Signals & Forecast
The Ishares $ Treasury Bond 0-1yr Ucits Etf 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 $5.08 and $5.06. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 03, 2024, and so far it has risen 0.306%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Ishares $ Treasury Bond 0-1yr Ucits Etf ETF
Ishares $ Treasury Bond 0-1yr Ucits Etf finds support from accumulated volume at $5.05 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 $0.0010 between high and low, or 0.0197%. For the last week the ETF has had daily average volatility of 0.0551%.
The Ishares $ Treasury Bond 0-1yr Ucits Etf ETF is extremely overbought on RSI14 (86). This increases the short-term risk substantially.
Our recommended stop-loss: $4.74 (-6.67%) (This ETF has low daily movements and this gives low risk. The RSI14 is 86 and this increases the risk substantially. There is a buy signal from a pivot bottom found 67 days ago.)
Trading Expectations (IBTU.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ishares $ Treasury Bond 0-1yr Ucits Etf Usd (dist) to open at $5.08, and during the day (based on 14 day Average True Range), to move between $5.08 and $5.09, which gives a possible trading interval of +/-$0.0046 (+/-0.09%) up or down from last closing price. If Ishares $ Treasury Bond 0-1yr Ucits Etf Usd (dist) takes out the full calculated possible swing range there will be an estimated 0.18% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $5.05, some $0.0325 (0.64%) from the current price of $5.08, our system finds the risk reward attractive.
Is Ishares $ Treasury Bond 0-1yr Ucits Etf Usd (dist) ETF A Buy?
Ishares $ Treasury Bond 0-1yr 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ishares $ Treasury Bond 0-1yr Ucits Etf Usd (dist) of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $5.08 ( 0%) | $5.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IBTU.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.08 | 0.0197% |
| R2 | 5.08 | 0.0122% |
| R1 | 5.08 | 0.0075% |
| Price | 5.08 | |
| S1 | 5.08 | -0.0075% |
| S2 | 5.08 | -0.0122% |
| S3 | 5.08 | -0.0197% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 5.08 | |
| S1 | 5.05 | -0.639% |
| S2 | 5.04 | -0.84% |
| S3 | 5.03 | -1.03% |
IBTU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | Mar 27, 2024 | $0.130 | 2.59% |
| 2 | Sep 14, 2023 | Sep 14, 2023 | Sep 14, 2023 | $0.122 | 2.44% |
| 3 | Mar 16, 2023 | Mar 16, 2023 | Mar 16, 2023 | $0.0808 | 1.61% |
| 4 | Sep 15, 2022 | Sep 15, 2022 | Sep 15, 2022 | $0.0219 | 0.438% |
| 5 | Mar 17, 2022 | Mar 17, 2022 | Mar 17, 2022 | $0.0005 | 0.0100% |
FAQ
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