Ishares Core € Corp Bond Ucits Etf Eur ETF Forecast
Green day on Tuesday for Ishares Core € Corp Bond Ucits Etf Eur ETF after gaining 0.0928%
(Updated on Jul 02, 2024)
The Ishares Core € Corp Bond Ucits Etf Eur ETF price gained 0.0928% on the last trading day (Tuesday, 2nd Jul 2024), rising from 118.57€ to 118.68€. During the last trading day the ETF fluctuated 0.211% from a day low at 118.56€ to a day high of 118.81€. The price has risen in 5 of the last 10 days but is still down by -0.17% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 144 thousand more shares were traded than the day before. In total, 206 thousand shares were bought and sold for approximately 24.40€ million.
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 Core € Corp Bond Ucits Etf Eur ETF with a 90% probability to be traded between 118.38€ and 119.63€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
IEAC.L Signals & Forecast
The Ishares Core € Corp Bond Ucits Etf Eur ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately 118.75€. On a fall, the ETF will find some support from the long-term average at approximately 118.46€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -0.227%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 06, 2024.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star
The ETF had a Golden Star Signal on Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 06, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Tuesday, June 04, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 06, 2024.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Support, Risk & Stop-loss for Ishares Core € Corp Bond Ucits Etf Eur ETF
Ishares Core € Corp Bond Ucits Etf Eur finds support from accumulated volume at 118.12€ 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 0.250€ between high and low, or 0.211%. For the last week the ETF has had daily average volatility of 0.209%.
Our recommended stop-loss: 114.31€ (-3.68%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (IEAC.L) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Ishares Core € Corp Bond Ucits Etf Eur (dist) to open at 118.68€, and during the day (based on 14 day Average True Range), to move between 118.28€ and 119.08€, which gives a possible trading interval of +/-0.398€ (+/-0.34%) up or down from last closing price. If Ishares Core € Corp Bond Ucits Etf Eur (dist) takes out the full calculated possible swing range there will be an estimated 0.67% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 118.70€ (0.02%) than the support at 118.12€ (0.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Ishares Core € Corp Bond Ucits Etf Eur (dist) 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 Core € Corp Bond Ucits Etf Eur ETF to perform well in the short-term period.
Current score: 1.832 Buy Candidate Unchanged
Predicted Opening Price for Ishares Core € Corp Bond Ucits Etf Eur (dist) of Wednesday, July 3, 2024
Fair opening price July 3, 2024 | Current price |
---|---|
118.68€ ( 0.0028%) | 118.68€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IEAC.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 118.93 | 0.213% |
R2 | 118.84 | 0.133% |
R1 | 118.78 | 0.0833% |
Price | 118.68 | |
S1 | 118.59 | -0.0777% |
S2 | 118.53 | -0.127% |
S3 | 118.43 | -0.208% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 118.83 | 0.126% |
R2 | 118.78 | 0.0843% |
R1 | 118.70 | 0.0169% |
Price | 118.68 | |
S1 | 118.12 | -0.472% |
S2 | 118.10 | -0.489% |
S3 | 117.73 | -0.80% |
IEAC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Jan 11, 2024 | Jan 11, 2024 | Jan 24, 2024 | 2.02€ | 1.72% |
2 | Jul 13, 2023 | Jul 13, 2023 | Jul 13, 2023 | 1.78€ | 1.55% |
3 | Jan 12, 2023 | Jan 12, 2023 | Jan 12, 2023 | 1.25€ | 1.08% |
4 | Jul 14, 2022 | Jul 14, 2022 | Jul 14, 2022 | 0.544€ | 0.457% |
5 | Jan 13, 2022 | Jan 13, 2022 | Jan 13, 2022 | 0.418€ | 0.316% |
FAQ
Click here for our free guide on how to buy Ishares Core € Corp Bond Ucits Etf Eur (dist) ETF.