BlueStar TA-BIGITech Israel Technology ETF price ended on $69.28 on Friday after losing 1.01% (Updated on July 30, 2021)
Buy candidate since 2021-07-28 Loss -0.92% PDF
The BlueStar TA-BIGITech Israel Technology ETF price fell by -1.01% on the last day (Friday, 30th Jul 2021) from $69.99 to $69.28. During the day the ETF fluctuated 1.21% from a day low at $69.23 to a day high of $70.07. The price has risen in 7 of the last 10 days and is up by 4.82% 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 -55 thousand shares and in total, 20 thousand shares were bought and sold for approximately $1.40 million.
The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 10.46% during the next 3 months and, with a 90% probability hold a price between $72.79 and $81.66 at the end of this 3-month period.
Signals & Forecast
The BlueStar TA-BIGITech Israel Technology ETF holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term moving average at approximately $69.51. On a fall, the ETF will find some support from the long-term average at approximately $68.92. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). 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 28, 2021, and so far it has fallen -2.87%. 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.
Support, Risk & Stop-loss
On the downside, the ETF finds support just below today's level from accumulated volume at $65.72 and $62.77. There is natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, BlueStar TA-BIGITech Israel Technology finds support just below today's level at $65.72. If this is broken, then the next support from accumulated volume will be at $62.77 and $62.00.
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 $0.84 between high and low, or 1.21%. For the last week the ETF has had a daily average volatility of 1.49%
Our recommended stop-loss: $66.39 (-4.17%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 23 day(s) ago.)
Is BlueStar TA-BIGITech Israel Technology 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 BlueStar TA-BIGITech Israel Technology ETF to perform well in the short-term.
Current score: 2.070
Predicted Opening Price for BlueStar TA-BIGITech Israel Technology ETF of Monday, August 2, 2021
The predicted opening price is based on yesterday's movements between high, low, and the closing price.
|Fair opening price August 2, 2021||Current price|
Remember To Visit Our YouTube Channel
Fibonacci Support & Resistance Levels
Accumulated Volume Support & Resistance Levels
Click to get the best stock tips daily for free!
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Join 95.000+ Happy SubscribersDon't miss out on the runners!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.