14-day Premium Trial Subscription Try For FreeTry Free

Ishares Core Ftse 100 Ucits Etf Gbp ETF Forecast

£10.04
-0.0630 (-0.624%)
At Close: Jun 19, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ISFU.L
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Ishares Core Ftse 100 Ucits Etf Gbp ETF price down 0.624% on Wednesday
(Updated on Jun 19, 2024)

Sell candidate since Jun 13, 2024 Loss -0.73% PDF

The Ishares Core Ftse 100 Ucits Etf Gbp ETF price fell by -0.624% on the last day (Wednesday, 19th Jun 2024) from £10.10 to £10.04. During the last trading day the ETF fluctuated 0% from a day low at £10.04 to a day high of £10.04. The price has been going up and down for this period, and there has been a -3.03% loss for the last 2 weeks. 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 -916 thousand shares and in total, 0 shares were bought and sold for approximately £0 .

The ETF has broken the weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at £10.04. A reaction back to this level may hold a second chance to get out before further falls.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ISFU.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.350%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares Core Ftse 100 Ucits Etf Gbp 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 £10.12 and £10.28. A break-up above any of these levels will issue buy signals. 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 very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Ishares Core Ftse 100 Ucits Etf Gbp ETF

Ishares Core Ftse 100 Ucits Etf Gbp finds support from accumulated volume at £9.88 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 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.609%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ISFU.L) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Ishares Core Ftse 100 Ucits Etf Gbp (dist) to open at £10.04, and during the day (based on 14 day Average True Range), to move between £9.93 and £10.14, which gives a possible trading interval of +/-£0.108 (+/-1.07%) up or down from last closing price. If Ishares Core Ftse 100 Ucits Etf Gbp (dist) takes out the full calculated possible swing range there will be an estimated 2.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £10.10 (0.63%) than the support at £9.88 (1.54%), 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 Core Ftse 100 Ucits Etf Gbp (dist) ETF A Buy?

The Ishares Core Ftse 100 Ucits Etf Gbp ETF holds several negative signals and despite the positive trend, we believe Ishares Core Ftse 100 Ucits Etf Gbp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.202 Sell Candidate Unchanged

Predicted Opening Price for Ishares Core Ftse 100 Ucits Etf Gbp (dist) of Thursday, June 20, 2024

Fair opening price June 20, 2024 Current price
£10.04 ( 0%) £10.04

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

Trading levels for ISFU.L

Fibonacci Support & Resistance Levels

Level Price
R3 10.04 -
R2 10.04 -
R1 10.04 -
Price 10.04
S1 10.04 -
S2 10.04 -
S3 10.04 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 10.30 2.68%
R2 10.11 0.737%
R1 10.10 0.628%
Price 10.04
S1 9.88 -1.54%
S2 9.83 -2.04%
S3 9.78 -2.54%

FAQ

What is the symbol for Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF and on which exchange is it traded?
The symbol for Ishares Core Ftse 100 Ucits Etf Gbp (dist) is ISFU.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF?
The Ishares Core Ftse 100 Ucits Etf Gbp ETF holds several negative signals and despite the positive trend, we believe Ishares Core Ftse 100 Ucits Etf Gbp will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

How to buy Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF?
Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF.

What's the current price of Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF?
As of the end of day on the Jun 19, 2024, the price of an Ishares Core Ftse 100 Ucits Etf Gbp (dist) (ISFU.L) share was £10.04.

What is the 52-week high and low for Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF?
The 52-week high for Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF is £10.54 and the 52-week low is £8.64.

What is the market capitalization of Ishares Core Ftse 100 Ucits Etf Gbp (dist) ETF?
As of the Jun 19, 2024, the market capitalization of Ishares Core Ftse 100 Ucits Etf Gbp (dist) is 15.144B.
Click to get the best stock tips daily for free!