Ishares Msci Ac Far East Ex-japan Ucits 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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 Msci Ac Far East Ex-japan Ucits ETF price up 0.778% on Friday
(Updated on Jun 28, 2024)
The Ishares Msci Ac Far East Ex-japan Ucits ETF price gained 0.778% on the last trading day (Friday, 28th Jun 2024), rising from 51.42 Fr to 51.82 Fr. During the last trading day the ETF fluctuated 0.0193% from a day low at 51.81 Fr to a day high of 51.82 Fr. The price has risen in 5 of the last 10 days and is up by 1.01% 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, 458 more shares were traded than the day before. In total, 758 shares were bought and sold for approximately 39.28 Fr thousand.
The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 8.77% during the next 3 months and, with a 90% probability hold a price between 54.66 Fr and 60.52 Fr at the end of this 3-month period.
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IFFF.SW Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Ishares Msci Ac Far East Ex-japan Ucits has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. 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 51.95 Fr and 51.94 Fr. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -3.09%. Further fall is indicated until a new bottom pivot has been found.
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 50.94 Fr 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 0.0100 Fr between high and low, or 0.0193%. For the last week the ETF has had daily average volatility of 0.271%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IFFF.SW) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Msci Ac Far East Ex-japan Ucits Etf to open at 51.82 Fr, and during the day (based on 14 day Average True Range), to move between 51.34 Fr and 52.30 Fr, which gives a possible trading interval of +/-0.475 Fr (+/-0.92%) 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 1.83% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 52.12 Fr (0.58%) than the support at 50.94 Fr (1.70%), 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 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.
Current score: -2.896 Sell Candidate Unchanged
Predicted Opening Price for Ishares Msci Ac Far East Ex-japan Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
51.82 Fr ( 0.0064%) | 51.82 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IFFF.SW
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 51.83 | 0.0129% |
R2 | 51.82 | 0.0055% |
R1 | 51.82 | 0.0009% |
Price | 51.82 | |
S1 | 51.81 | -0.0138% |
S2 | 51.81 | -0.0184% |
S3 | 51.81 | -0.0257% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 52.61 | 1.52% |
R2 | 52.21 | 0.753% |
R1 | 52.12 | 0.579% |
Price | 51.82 | |
S1 | 50.94 | -1.70% |
S2 | 49.51 | -4.46% |
S3 | 46.99 | -9.32% |
FAQ
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