Alpha Architect International ETF Forecast
Alpha Architect International ETF downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on May 17, 2024)
The Alpha Architect International ETF price gained 0.284% on the last trading day (Friday, 17th May 2024), rising from $26.43 to $26.50. During the last trading day the ETF fluctuated 1.01% from a day low at $26.31 to a day high of $26.58. The price has risen in 5 of the last 10 days and is up by 1.42% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately $143.21 thousand.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Alpha Architect International ETF with a 90% probability to be traded between $25.47 and $26.96 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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IVAL Signals & Forecast
The Alpha Architect International ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.46 and $26.22. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Alpha Architect International has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 Wednesday, May 15, 2024, and so far it has fallen -0.97%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Alpha Architect International ETF
Alpha Architect International finds support from accumulated volume at $26.20 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 $0.267 between high and low, or 1.01%. For the last week the ETF has had daily average volatility of 0.633%.
Our recommended stop-loss: $25.40 (-4.17%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (IVAL) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Alpha Architect International Quantitative Value ETF to open at $26.46, and during the day (based on 14 day Average True Range), to move between $26.23 and $26.77, which gives a possible trading interval of +/-$0.269 (+/-1.02%) up or down from last closing price. If Alpha Architect International Quantitative Value ETF takes out the full calculated possible swing range there will be an estimated 2.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $26.52 (0.08%) than the support at $26.20 (1.13%), 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 Alpha Architect International Quantitative Value ETF ETF A Buy?
Alpha Architect International holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: 0.213 Hold/Accumulate Downgraded
Predicted Opening Price for Alpha Architect International Quantitative Value ETF of Monday, May 20, 2024
| Fair opening price May 20, 2024 | Current price |
|---|---|
| $26.46 ( 0.142%) | $26.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVAL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.73 | 0.87 % | |
| R2 | 26.63 | 0.481 % | ||
| R1 | 26.56 | 0.243 % | ||
| Current price: | 26.50 | |||
| Support | S1 | 26.36 | -0.527 % | |
| S2 | 26.30 | -0.765 % | ||
| S3 | 26.20 | -1.15 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 26.68 | 0.679 % | |
| R2 | 26.56 | 0.226 % | ||
| R1 | 26.52 | 0.0755 % | ||
| Current price | 26.50 | |||
| Support | S1 | 26.20 | -1.13% | |
| S2 | 26.13 | -1.40% | ||
| S3 | 25.99 | -1.92% |
IVAL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 13, 2024 | Mar 13, 2024 | Mar 15, 2024 | $0.148 | 0.562% |
| 2 | Dec 19, 2023 | Dec 20, 2023 | Dec 22, 2023 | $0.325 | 1.30% |
| 3 | Sep 26, 2023 | Sep 27, 2023 | Sep 29, 2023 | $0.653 | 2.77% |
| 4 | Jun 27, 2023 | Jun 28, 2023 | Jun 30, 2023 | $0.124 | 0.521% |
| 5 | Mar 28, 2023 | Mar 29, 2023 | Mar 31, 2023 | $0.186 | 0.793% |
FAQ
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