ISHARES CORE MSCI EUROPE 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
ISHARES CORE MSCI EUROPE ETF upgraded to Hold/Accumulate.
(Updated on Jun 28, 2024)
The ISHARES CORE MSCI EUROPE ETF price fell by -0.123% on the last day (Friday, 28th Jun 2024) from $57.02 to $56.95. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 0.617% from a day low at $56.72 to a day high of $57.07. The price has fallen in 6 of the last 10 days and is down by -1.35% for this period. Volume has increased on the last day by 7 thousand 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, 622 thousand shares were bought and sold for approximately $35.45 million.
The ETF has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $57.11. A reaction back to this level may hold a second chance to get out before further falls.
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IEUR Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.246%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ISHARES CORE MSCI EUROPE 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 $57.32 and $58.92. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Thursday, May 02, 2024 in the short-term chart.
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 Thursday, May 02, 2024 in the short-term chart.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 MSCI EUROPE ETF
ISHARES CORE MSCI EUROPE finds support from accumulated volume at $56.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.350 (0.617%) between high and low. For the last week, the ETF has had daily average volatility of 0.588%.
Our recommended stop-loss: $53.89 (-5.38%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 15 days ago.)
Trading Expectations (IEUR) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect ISHARES CORE MSCI EUROPE ETF to open at $56.91, and during the day (based on 14 day Average True Range), to move between $56.31 and $57.59, which gives a possible trading interval of +/-$0.645 (+/-1.13%) up or down from last closing price. If ISHARES CORE MSCI EUROPE ETF takes out the full calculated possible swing range there will be an estimated 2.26% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $56.78 (0.30%) than the resistance at $57.54 (1.04%), 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 CORE MSCI EUROPE ETF ETF A Buy?
ISHARES CORE MSCI EUROPE holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.626 Hold/Accumulate Upgraded
Predicted Opening Price for ISHARES CORE MSCI EUROPE ETF of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $56.91 ( 0.0644%) | $56.95 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IEUR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 57.26 | 0.550% |
| R2 | 57.13 | 0.315% |
| R1 | 57.05 | 0.170% |
| Price | 56.95 | |
| S1 | 56.78 | -0.299% |
| S2 | 56.70 | -0.444% |
| S3 | 56.56 | -0.679% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 60.36 | 5.99% |
| R2 | 57.73 | 1.37% |
| R1 | 57.54 | 1.04% |
| Price | 56.95 | |
| S1 | 56.78 | -0.299% |
| S2 | 56.66 | -0.509% |
| S3 | 55.50 | -2.55% |
IEUR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.568 | 1.05% |
| 2 | Nov 29, 2022 | Jun 07, 2023 | Jun 13, 2023 | $1.18 | 2.25% |
| 3 | Dec 24, 2021 | Dec 13, 2022 | Dec 19, 2022 | $0.340 | 0.722% |
| 4 | Dec 24, 2021 | Jun 09, 2022 | Jun 15, 2022 | $1.11 | 2.44% |
| 5 | Dec 30, 2021 | Dec 30, 2021 | Dec 30, 2021 | $0.0770 | 0.132% |
FAQ
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