Ishares Listed Private Equity Ucits Etf ETF Forecast
Ishares Listed Private Equity Ucits Etf ETF price ended at 35.42€ on Friday, after gaining 0.82%.
(Updated on Jun 28, 2024)
The Ishares Listed Private Equity Ucits Etf ETF price gained 0.82% on the last trading day (Friday, 28th Jun 2024), rising from 35.13€ to 35.42€. During the last trading day the ETF fluctuated 0.677% from a day low at 35.28€ to a day high of 35.52€. The price has risen in 7 of the last 10 days and is up by 1.85% 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, 121 more shares were traded than the day before. In total, 664 shares were bought and sold for approximately 23.52€ thousand.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ishares Listed Private Equity Ucits Etf ETF with a 90% probability to be traded between 34.50€ and 35.73€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
IPRA.AS Signals & Forecast
The Ishares Listed Private Equity Ucits Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 35.42€ and 35.39€. A breakdown below any of these levels will issue sell signals. Ishares Listed Private Equity Ucits Etf 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.382%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Wednesday, June 19, 2024 in the short-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
The ETF had a Golden Star Signal on Wednesday, June 19, 2024 in the short-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.
A buy signal from a double bottom formation was found on Friday, June 14, 2024 and based on theory for this formation the price should go up by 5.67% to 37.43€ within 4 trading days since signal was issued (Thursday, June 20, 2024).
Support, Risk & Stop-loss for Ishares Listed Private Equity Ucits Etf ETF
Ishares Listed Private Equity Ucits Etf finds support from accumulated volume at 35.40€ 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 0.239€ between high and low, or 0.677%. For the last week the ETF has had daily average volatility of 0.625%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IPRA.AS) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Listed Private Equity Ucits Etf to open at 35.41€, and during the day (based on 14 day Average True Range), to move between 35.06€ and 35.78€, which gives a possible trading interval of +/-0.359€ (+/-1.01%) up or down from last closing price. If Ishares Listed Private Equity Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 35.40€ (0.06%) than the resistance at 35.46€ (0.11%), 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 Listed Private Equity Ucits Etf ETF A Buy?
Ishares Listed Private Equity Ucits Etf 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.
Current score: -1.830 Sell Candidate Unchanged
Predicted Opening Price for Ishares Listed Private Equity Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 35.41€ ( 0.0334%) | 35.42€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IPRA.AS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 35.65 | 0.641% |
| R2 | 35.56 | 0.383% |
| R1 | 35.50 | 0.224% |
| Price | 35.42 | |
| S1 | 35.32 | -0.291% |
| S2 | 35.26 | -0.450% |
| S3 | 35.17 | -0.708% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 35.85 | 1.22% |
| R2 | 35.55 | 0.383% |
| R1 | 35.46 | 0.108% |
| Price | 35.42 | |
| S1 | 35.40 | -0.0567% |
| S2 | 35.10 | -0.91% |
| S3 | 35.04 | -1.06% |
FAQ
Click here for our free guide on how to buy Ishares Listed Private Equity Ucits Etf ETF.
