Ishares Ii Public Ltd Co - Ishares Ftse 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
Evaluation of Ishares Ii Public Ltd Co - Ishares Ftse ETF downgraded after the last trading session.
(Updated on Jun 25, 2024)
The Ishares Ii Public Ltd Co - Ishares Ftse ETF price fell by -0.503% on the last day (Tuesday, 25th Jun 2024) from £1,729.40 to £1,720.70. During the last trading day the ETF fluctuated 0.552% from a day low at £1,720.70 to a day high of £1,730.20. The price has fallen in 5 of the last 10 days and is down by -3.93% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -18 thousand shares and in total, 27 shares were bought and sold for approximately £46.46 thousand.
The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ishares Ii Public Ltd Co - Ishares Ftse ETF with a 90% probability to be traded between £1,627.89 and £1,802.14 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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IMIB.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 3.51%. 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 Ii Public Ltd Co - Ishares Ftse ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at £1,766.81. On a fall, the ETF will find some support from the short-term average at £1,693.30. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Monday, July 10, 2023 in the long-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 12 Months
The ETF had a Golden Star Signal on Monday, July 10, 2023 in the long-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 Ii Public Ltd Co - Ishares Ftse ETF
Ishares Ii Public Ltd Co - Ishares Ftse finds support from accumulated volume at £1,718.20 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 controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the ETF. During the last day, the ETF moved £9.50 between high and low, or 0.552%. For the last week the ETF has had daily average volatility of 0.691%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IMIB.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ishares Ii Public Limited Company - Ishares Ftse Mib Ucits Etf Eur (dist) to open at £1,723.87, and during the day (based on 14 day Average True Range), to move between £1,696.04 and £1,745.36, which gives a possible trading interval of +/-£24.66 (+/-1.43%) up or down from last closing price. If Ishares Ii Public Limited Company - Ishares Ftse Mib Ucits Etf Eur (dist) takes out the full calculated possible swing range there will be an estimated 2.87% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £1,718.20 (0.15%) than the resistance at £1,733.20 (0.73%), 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 Ii Public Limited Company - Ishares Ftse Mib Ucits Etf Eur (dist) ETF A Buy?
Ishares Ii Public Ltd Co - Ishares Ftse holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, 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 Hold/Accumulate to a Sell candidate.
Current score: -1.803 Sell Candidate Downgraded
Predicted Opening Price for Ishares Ii Public Limited Company - Ishares Ftse Mib Ucits Etf Eur (dist) of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£1,723.87 ( 0.184%) | £1,720.70 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IMIB.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,733.37 | 0.736% |
R2 | 1,729.74 | 0.525% |
R1 | 1,727.50 | 0.395% |
Price | 1,720.70 | |
S1 | 1,720.24 | -0.0269% |
S2 | 1,718.00 | -0.157% |
S3 | 1,714.37 | -0.368% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 1,777.00 | 3.27% |
R2 | 1,752.60 | 1.85% |
R1 | 1,733.20 | 0.726% |
Price | 1,720.70 | |
S1 | 1,718.20 | -0.145% |
S2 | 1,715.30 | -0.314% |
S3 | 1,662.40 | -3.39% |
IMIB Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | £43.87 | 2.48% |
2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | £0.267 | 0.0174% |
3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | £33.00 | 2.39% |
4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | £25.77 | 2.03% |
5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | £23.46 | 1.90% |
FAQ
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