Ishares Us Property Yield Ucits Etf ETF Forecast
Ishares Us Property Yield Ucits Etf ETF price up 0.582% on Friday
(Updated on Jun 28, 2024)
The Ishares Us Property Yield Ucits Etf ETF price gained 0.582% on the last trading day (Friday, 28th Jun 2024), rising from 25.79€ to 25.94€. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.95% from a day low at 25.91€ to a day high of 26.15€. The price has risen in 7 of the last 10 days and is up by 0.8% 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, 7 thousand more shares were traded than the day before. In total, 14 thousand shares were bought and sold for approximately 372.66€ thousand.
The ETF lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 26.12€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.61% during the next 3 months and, with a 90% probability hold a price between 25.13€ and 26.80€ at the end of this 3-month period.
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IQQ7.F Signals & Forecast
The Ishares Us Property Yield 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 25.80€ and 25.34€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Ishares Us Property Yield 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. Higher liquidity also reduces the general risk. 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 -0.556%. Further fall is indicated until a new bottom pivot has been found.
A buy signal from a double bottom formation was found on Wednesday, May 29, 2024 and based on theory for this formation the price should go up by 1.11% to 26.22€ within 29 trading days since signal was issued (Tuesday, July 09, 2024).
Support, Risk & Stop-loss for Ishares Us Property Yield Ucits Etf ETF
Ishares Us Property Yield Ucits Etf finds support from accumulated volume at 24.84€ 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 0.245€ between high and low, or 0.95%. For the last week the ETF has had daily average volatility of 1.16%.
Our recommended stop-loss: 24.96€ (-3.74%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)
Trading Expectations (IQQ7.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Us Property Yield Ucits Etf to open at 26.00€, and during the day (based on 14 day Average True Range), to move between 25.64€ and 26.23€, which gives a possible trading interval of +/-0.294€ (+/-1.13%) up or down from last closing price. If Ishares Us Property Yield Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.27% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 26.08€ (0.56%) than the support at 24.84€ (4.22%), 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 Us Property Yield Ucits Etf ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ishares Us Property Yield Ucits Etf ETF to perform well in the short-term.
Current score: 3.072 Buy Candidate Unchanged
Predicted Opening Price for Ishares Us Property Yield Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 26.00€ ( 0.238%) | 25.94€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IQQ7.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 26.24 | 1.18% |
| R2 | 26.15 | 0.82% |
| R1 | 26.09 | 0.599% |
| Price | 25.94 | |
| S1 | 25.90 | -0.123% |
| S2 | 25.85 | -0.346% |
| S3 | 25.75 | -0.707% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 26.08 | 0.559% |
| Price | 25.94 | |
| S1 | 24.84 | -4.22% |
| S2 | 24.70 | -4.76% |
| S3 | 24.27 | -6.42% |
IQQ7 Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | 0.225€ | 0% |
| 2 | Feb 15, 2024 | Feb 15, 2024 | Feb 28, 2024 | 0.226€ | 0% |
| 3 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | 0.202€ | 0% |
| 4 | Aug 17, 2023 | Aug 17, 2023 | Aug 31, 2023 | 0.208€ | 0% |
| 5 | May 19, 2023 | May 19, 2023 | May 30, 2023 | 0.232€ | 0% |
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