Ishares Msci Ac Far East Ex-japan Ucits ETF Forecast
Weaker technical forecast for Ishares Msci Ac Far East Ex-japan Ucits as ETF downgraded to Sell Candidate.
(Updated on Jun 25, 2024)
The Ishares Msci Ac Far East Ex-japan Ucits ETF price fell by -1.58% on the last day (Tuesday, 25th Jun 2024) from £4,126.00 to £4,061.00. During the last trading day the ETF fluctuated 0.562% from a day low at £4,058.00 to a day high of £4,080.82. The price has risen in 5 of the last 10 days but is still down by -0.27% for this period. Volume has increased on the last day by 3 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, 27 thousand shares were bought and sold for approximately £107.62 million.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £4,027.26 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 7.48% during the next 3 months and, with a 90% probability hold a price between £4,328.31 and £4,657.48 at the end of this 3-month period.
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IFFF.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 2.69%. 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 Msci Ac Far East Ex-japan Ucits ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at £4,086.29 and £4,084.27. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for Ishares Msci Ac Far East Ex-japan Ucits ETF
Ishares Msci Ac Far East Ex-japan Ucits finds support from accumulated volume at £4,055.00 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 £22.82 between high and low, or 0.562%. For the last week the ETF has had daily average volatility of 0.532%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IFFF.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ishares Msci Ac Far East Ex-japan Ucits Etf to open at £4,066.61, and during the day (based on 14 day Average True Range), to move between £4,015.31 and £4,106.69, which gives a possible trading interval of +/-£45.69 (+/-1.13%) up or down from last closing price. If Ishares Msci Ac Far East Ex-japan Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.25% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £4,055.00 (0.15%) than the resistance at £4,097.50 (0.90%), 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 Msci Ac Far East Ex-japan Ucits Etf ETF A Buy?
The Ishares Msci Ac Far East Ex-japan Ucits ETF holds several negative signals and despite the positive trend, we believe Ishares Msci Ac Far East Ex-japan Ucits will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.
Current score: -3.018 Sell Candidate Downgraded
Predicted Opening Price for Ishares Msci Ac Far East Ex-japan Ucits Etf of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£4,066.61 ( 0.138%) | £4,061.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IFFF.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 4,089.43 | 0.700% |
R2 | 4,080.71 | 0.485% |
R1 | 4,075.33 | 0.353% |
Price | 4,061.00 | |
S1 | 4,057.89 | -0.0766% |
S2 | 4,052.50 | -0.209% |
S3 | 4,043.78 | -0.424% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 4,192.00 | 3.23% |
R2 | 4,126.00 | 1.60% |
R1 | 4,097.50 | 0.90% |
Price | 4,061.00 | |
S1 | 4,055.00 | -0.148% |
S2 | 3,988.00 | -1.80% |
S3 | 3,810.00 | -6.18% |
IFFF Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 14, 2024 | Mar 14, 2024 | Mar 27, 2024 | £5.85 | 0.152% |
2 | Dec 14, 2023 | Dec 14, 2023 | Dec 29, 2023 | £0.0727 | 0.0019% |
3 | Sep 14, 2023 | Sep 14, 2023 | Sep 27, 2023 | £41.74 | 1.11% |
4 | Jun 15, 2023 | Jun 15, 2023 | Jun 28, 2023 | £16.94 | 0.436% |
5 | Mar 16, 2023 | Mar 16, 2023 | Mar 29, 2023 | £5.42 | 0.131% |
FAQ
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