Ishares Trust - Ishares U.s. Digital ETF Forecast
Green day on Friday for Ishares Trust - Ishares U.s. Digital ETF after gaining 0.428%
(Updated on Jun 28, 2024)
The Ishares Trust - Ishares U.s. Digital ETF price gained 0.428% on the last trading day (Friday, 28th Jun 2024), rising from $70.08 to $70.38. During the last trading day the ETF fluctuated 0.242% from a day low at $70.38 to a day high of $70.55. The price has been going up and down for this period, and there has been a 0.39% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 63 thousand more shares were traded than the day before. In total, 73 thousand shares were bought and sold for approximately $5.17 million.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $70.40 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Ishares Trust - Ishares U.s. Digital ETF with a 90% probability to be traded between $69.80 and $71.24 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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IDGT Signals & Forecast
Mostly positive signals in the chart today. The Ishares Trust - Ishares U.s. Digital 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 $69.73 and $69.56. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 2.13%. 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). Volume is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Ishares Trust - Ishares U.s. Digital ETF
Ishares Trust - Ishares U.s. Digital finds support from accumulated volume at $70.18 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 $0.170 between high and low, or 0.242%. For the last week the ETF has had daily average volatility of 0.782%.
Our recommended stop-loss: $66.75 (-5.16%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (IDGT) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Trust - Ishares U.s. Digital Infrastructure And Real Estate Etf to open at $70.44, and during the day (based on 14 day Average True Range), to move between $69.79 and $70.97, which gives a possible trading interval of +/-$0.587 (+/-0.83%) up or down from last closing price. If Ishares Trust - Ishares U.s. Digital Infrastructure And Real Estate Etf takes out the full calculated possible swing range there will be an estimated 1.67% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $70.18, some $0.198 (0.28%) from the current price of $70.38, our system finds the risk reward attractive.
Is Ishares Trust - Ishares U.s. Digital Infrastructure And Real Estate Etf ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Ishares Trust - Ishares U.s. Digital ETF to perform well in the short-term period.
Current score: 4.955 Buy Candidate Unchanged
Predicted Opening Price for Ishares Trust - Ishares U.s. Digital Infrastructure And Real Estate Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $70.44 ( 0.0805%) | $70.38 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IDGT
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 70.61 | 0.322% |
| R2 | 70.54 | 0.230% |
| R1 | 70.50 | 0.173% |
| Price | 70.38 | |
| S1 | 70.37 | -0.0118% |
| S2 | 70.33 | -0.0688% |
| S3 | 70.27 | -0.161% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 70.38 | |
| S1 | 70.18 | -0.281% |
| S2 | 70.08 | -0.426% |
| S3 | 68.91 | -2.09% |
IDGT Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 28, 2023 | Mar 21, 2024 | Mar 27, 2024 | $0.185 | 0.257% |
| 2 | Sep 26, 2023 | Sep 26, 2023 | Oct 02, 2023 | $0.0747 | 0.121% |
| 3 | Jun 07, 2023 | Jun 07, 2023 | Jun 13, 2023 | $0.0528 | 0.0756% |
| 4 | Mar 23, 2023 | Mar 23, 2023 | Mar 29, 2023 | $0.0650 | 0.0941% |
| 5 | Dec 13, 2022 | Dec 13, 2022 | Dec 19, 2022 | $0.0542 | 0.0795% |
FAQ
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