Ishares V Plc - Ishares Msci Poland ETF Forecast

Ishares V Plc - Ishares Msci Poland ETF price up 1.56% on Friday
(Updated on Jun 28, 2024)

IPOL.L Signals & Forecast

The Ishares V Plc - Ishares Msci Poland ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $21.63 and $21.77. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 8.18%. 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). Ishares V Plc - Ishares Msci Poland 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.

Support, Risk & Stop-loss for Ishares V Plc - Ishares Msci Poland ETF

Ishares V Plc - Ishares Msci Poland finds support from accumulated volume at $22.02 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 $0.185 (0.84%) between high and low. For the last week, the ETF has had daily average volatility of 1.20%.

Our recommended stop-loss: $21.03 (-4.90%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 26 days ago.)

Trading Expectations (IPOL.L) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ishares V Plc - Ishares Msci Poland Ucits Etf to open at $22.15, and during the day (based on 14 day Average True Range), to move between $21.61 and $22.62, which gives a possible trading interval of +/-$0.507 (+/-2.29%) up or down from last closing price. If Ishares V Plc - Ishares Msci Poland Ucits Etf takes out the full calculated possible swing range there will be an estimated 4.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.02 (0.43%) than the resistance at $22.33 (0.97%), 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 V Plc - Ishares Msci Poland Ucits Etf ETF A Buy?

Ishares V Plc - Ishares Msci Poland holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Ishares V Plc - Ishares Msci Poland Ucits Etf of Monday, July 1, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.