Ishares Msci World Islamic Ucits Etf ETF Forecast
Ishares Msci World Islamic Ucits Etf ETF price down 0.707% on Wednesday
(Updated on Jun 19, 2024)
The Ishares Msci World Islamic Ucits Etf ETF price fell by -0.707% on the last day (Wednesday, 19th Jun 2024) from £3,820.00 to £3,793.00. During the last trading day the ETF fluctuated 0% from a day low at £3,793.00 to a day high of £3,793.00. The price has risen in 6 of the last 10 days and is up by 1.57% over the past 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 -3 thousand shares and in total, 0 shares were bought and sold for approximately £0 .
The ETF lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -2.33% during the next 3 months and, with a 90% probability hold a price between £3,632.58 and £3,777.16 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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ISWD.L Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ishares Msci World Islamic Ucits Etf 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 £3,793.93 and £3,823.90. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.707%. Further fall is indicated until a new bottom pivot has been found. 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.
A sell signal from a double top formation was found on Wednesday, May 15, 2024 and based on theory for this formation the price should fall by -2.49% to £3,698.73 within 22 trading days since signal was issued (Monday, June 17, 2024).
Support, Risk & Stop-loss for Ishares Msci World Islamic Ucits Etf ETF
Ishares Msci World Islamic Ucits Etf finds support from accumulated volume at £3,774.00 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 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 0.521%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ISWD.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Ishares Msci World Islamic Ucits Etf to open at £3,793.00, and during the day (based on 14 day Average True Range), to move between £3,756.34 and £3,829.66, which gives a possible trading interval of +/-£36.66 (+/-0.97%) up or down from last closing price. If Ishares Msci World Islamic Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.93% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £3,809.50 (0.44%) than the support at £3,774.00 (0.50%), 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 World Islamic Ucits Etf ETF A Buy?
Ishares Msci World Islamic Ucits Etf 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: -1.762 Sell Candidate Unchanged
Predicted Opening Price for Ishares Msci World Islamic Ucits Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £3,793.00 ( 0%) | £3,793.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ISWD.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,793.00 | - |
| R2 | 3,793.00 | - |
| R1 | 3,793.00 | - |
| Price | 3,793.00 | |
| S1 | 3,793.00 | - |
| S2 | 3,793.00 | - |
| S3 | 3,793.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3,877.00 | 2.21% |
| R2 | 3,832.00 | 1.03% |
| R1 | 3,809.50 | 0.435% |
| Price | 3,793.00 | |
| S1 | 3,774.00 | -0.501% |
| S2 | 3,759.00 | -0.90% |
| S3 | 3,734.50 | -1.54% |
ISWD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | £26.85 | 0.712% |
| 2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | £0.283 | 0.0080% |
| 3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | £30.57 | 0.90% |
| 4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | £36.51 | 1.10% |
| 5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | £28.61 | 0.89% |
FAQ
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