Ishares V Plc - Ishares Italy Govt Bond ETF Forecast
Ishares V Plc - Ishares Italy Govt Bond ETF price down 0.0516% on Friday
(Updated on Jun 28, 2024)
The Ishares V Plc - Ishares Italy Govt Bond ETF price fell by -0.0516% on the last day (Friday, 28th Jun 2024) from 145.48€ to 145.40€. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 0.369% from a day low at 145.11€ to a day high of 145.65€. The price has fallen in 7 of the last 10 days and is down by -0.49% 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 -2 thousand shares and in total, 2 thousand shares were bought and sold for approximately 227.55€ thousand.
The ETF is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at 145.35€ will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Ishares V Plc - Ishares Italy Govt Bond ETF with a 90% probability to be traded between 143.50€ and 146.53€ 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.
IS0M.F Signals & Forecast
There are few to no technical positive signals at the moment. The Ishares V Plc - Ishares Italy Govt Bond 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 145.91€ and 147.43€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -1.78%. 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). 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 Thursday, August 24, 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 Thursday, August 24, 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.
A sell signal from a double top formation was found on Wednesday, June 05, 2024 with a target of 146.99€. Despite whether the objective of the signal formation has been reached the ETF may continue to fall.
Support, Risk & Stop-loss for Ishares V Plc - Ishares Italy Govt Bond ETF
There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.
In general the ETF tends to have very controlled movements and therefore the general risk is considered very 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 0.535€ between high and low, or 0.369%. For the last week the ETF has had daily average volatility of 0.387%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IS0M.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares V Plc - Ishares Italy Govt Bond Ucits Etf Eur (dist) to open at 145.39€, and during the day (based on 14 day Average True Range), to move between 144.68€ and 146.12€, which gives a possible trading interval of +/-0.718€ (+/-0.49%) up or down from last closing price. If Ishares V Plc - Ishares Italy Govt Bond Ucits Etf Eur (dist) takes out the full calculated possible swing range there will be an estimated 0.99% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ 148.04€, some 2.64€ (1.82%) from the current price of 145.40€, our system finds the risk reward not very attractive.
Is Ishares V Plc - Ishares Italy Govt Bond Ucits Etf Eur (dist) ETF A Buy?
Ishares V Plc - Ishares Italy Govt Bond holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -2.268 Sell Candidate Unchanged
Predicted Opening Price for Ishares V Plc - Ishares Italy Govt Bond Ucits Etf Eur (dist) of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 145.39€ ( 0.0103%) | 145.40€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IS0M.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 145.92 | 0.358% |
| R2 | 145.72 | 0.217% |
| R1 | 145.59 | 0.130% |
| Price | 145.40 | |
| S1 | 145.18 | -0.151% |
| S2 | 145.05 | -0.238% |
| S3 | 144.85 | -0.378% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 148.64 | 2.23% |
| R2 | 148.46 | 2.10% |
| R1 | 148.04 | 1.82% |
| Price | 145.40 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
IS0M Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 14, 2023 | Dec 14, 2023 | Dec 29, 2023 | 1.76€ | 0% |
| 2 | Jun 15, 2023 | Jun 15, 2023 | Jun 28, 2023 | 1.36€ | 0% |
| 3 | Dec 15, 2022 | Dec 15, 2022 | Dec 30, 2022 | 0.89€ | 0% |
| 4 | Jun 16, 2022 | Jun 16, 2022 | Jun 29, 2022 | 0.572€ | 0% |
| 5 | Dec 16, 2021 | Dec 16, 2021 | Dec 31, 2021 | 0.582€ | 0% |
FAQ
Click here for our free guide on how to buy Ishares V Plc - Ishares Italy Govt Bond Ucits Etf Eur (dist) ETF.
