Ishares Msci Ac Far East Ex-japan Small ETF Forecast
Ishares Msci Ac Far East Ex-japan Small ETF upgraded to Buy Candidate.
(Updated on Jun 25, 2024)
The Ishares Msci Ac Far East Ex-japan Small ETF price fell by -1.01% on the last day (Tuesday, 25th Jun 2024) from £2,510.50 to £2,485.25. During the last trading day the ETF fluctuated 0.92% from a day low at £2,485.25 to a day high of £2,508.00. The price has been going up and down for this period, and there has been a 0.5% gain for the last 2 weeks. Volume has increased on the last day by 761 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 thousand shares were bought and sold for approximately £2.54 million.
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 £2,478.73 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Ishares Msci Ac Far East Ex-japan Small ETF with a 90% probability to be traded between £2,516.50 and £2,612.10 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.
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ISFE.L Signals & Forecast
The Ishares Msci Ac Far East Ex-japan Small 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 £2,508.03 and £2,511.54. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Thursday, June 06, 2024, and so far it has risen 0.577%. 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). The ETF had a Golden Star Signal on Friday, August 25, 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 Friday, August 25, 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 Ishares Msci Ac Far East Ex-japan Small ETF
Ishares Msci Ac Far East Ex-japan Small finds support from accumulated volume at £2,471.00 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 £22.75 between high and low, or 0.92%. For the last week the ETF has had daily average volatility of 0.719%.
Our recommended stop-loss: £2,363.49 (-4.90%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)
Trading Expectations (ISFE.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ishares Msci Ac Far East Ex-japan Small Cap Ucits Etf Usd (dist) to open at £2,492.83, and during the day (based on 14 day Average True Range), to move between £2,460.13 and £2,510.37, which gives a possible trading interval of +/-£25.12 (+/-1.01%) up or down from last closing price. If Ishares Msci Ac Far East Ex-japan Small Cap Ucits Etf Usd (dist) takes out the full calculated possible swing range there will be an estimated 2.02% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £2,491.00 (0.23%) than the support at £2,471.00 (0.57%), 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 Msci Ac Far East Ex-japan Small Cap Ucits Etf Usd (dist) ETF A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.499 Buy Candidate Upgraded
Predicted Opening Price for Ishares Msci Ac Far East Ex-japan Small Cap Ucits Etf Usd (dist) of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£2,492.83 ( 0.305%) | £2,485.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ISFE.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 2,515.58 | 1.22% |
R2 | 2,506.89 | 0.87% |
R1 | 2,501.52 | 0.655% |
Price | 2,485.25 | |
S1 | 2,484.14 | -0.0445% |
S2 | 2,478.77 | -0.261% |
S3 | 2,470.08 | -0.610% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 2,527.00 | 1.68% |
R2 | 2,512.25 | 1.09% |
R1 | 2,491.00 | 0.231% |
Price | 2,485.25 | |
S1 | 2,471.00 | -0.573% |
S2 | 2,470.50 | -0.594% |
S3 | 2,465.25 | -0.80% |
ISFE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | £21.92 | 0.87% |
2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | £0.486 | 0.0203% |
3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | £28.24 | 1.19% |
4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | £59.38 | 2.53% |
5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | £28.26 | 1.12% |
FAQ
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