PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS 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
PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Apr 30, 2024)
The PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF price fell by -1.84% on the last day (Tuesday, 30th Apr 2024) from $49.00 to $48.10. During the last trading day the ETF fluctuated 1.64% from a day low at $48.10 to a day high of $48.89. The price has fallen in 6 of the last 10 days and is down by -0.33% 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 -15 thousand shares and in total, 5 thousand shares were bought and sold for approximately $241.65 thousand.
The ETF has broken the wide and 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 $48.35. A reaction back to this level may hold a second chance to get out before further falls.
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IPAY Signals & Forecast
A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 0.250%. 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 PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS 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 $48.99 and $50.42. 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 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 ETF had a Golden Star Signal on Wednesday, June 28, 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 Wednesday, June 28, 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 PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF
PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS finds support from accumulated volume at $47.36 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 $0.790 between high and low, or 1.64%. For the last week the ETF has had daily average volatility of 1.35%.
Our recommended stop-loss: $45.10 (-6.23%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (IPAY) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF to open at $48.36, and during the day (based on 14 day Average True Range), to move between $47.22 and $48.98, which gives a possible trading interval of +/-$0.88 (+/-1.83%) up or down from last closing price. If PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF takes out the full calculated possible swing range there will be an estimated 3.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $47.36 (1.54%) than the resistance at $49.90 (3.74%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF ETF A Buy?
PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS 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: 0.129 Hold/Accumulate Upgraded
Predicted Opening Price for PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $48.36 ( 0.547%) | $48.10 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IPAY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 49.15 | 2.19 % | |
| R2 | 48.85 | 1.56 % | ||
| R1 | 48.67 | 1.17 % | ||
| Current price: | 48.10 | |||
| Support | S1 | 48.06 | -0.0799 % | |
| S2 | 47.88 | -0.468 % | ||
| S3 | 47.57 | -1.09 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 51.36 | 6.78 % | |
| R2 | 50.55 | 5.09 % | ||
| R1 | 49.90 | 3.74 % | ||
| Current price | 48.10 | |||
| Support | S1 | 47.36 | -1.54% | |
| S2 | 47.01 | -2.27% | ||
| S3 | 46.55 | -3.22% |
IPAY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 26, 2024 | Mar 26, 2024 | Mar 28, 2024 | $0.0101 | 0.0192% |
| 2 | Dec 27, 2023 | Dec 27, 2023 | Dec 27, 2023 | $0.0430 | 0.0920% |
| 3 | Dec 30, 2019 | Dec 30, 2019 | Dec 30, 2019 | $0.0150 | 0.0304% |
| 4 | Dec 21, 2018 | Dec 24, 2018 | Dec 27, 2018 | $0.231 | 0.670% |
| 5 | Dec 22, 2017 | Dec 26, 2017 | Dec 28, 2017 | $0.0090 | 0.0259% |
FAQ
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