iShares Edge MSCI Intl Value Factor ETF Forecast
Stronger technical forecast for iShares Edge MSCI Intl Value Factor ETF price after Monday trading.
(Updated on Jun 17, 2024)
The iShares Edge MSCI Intl Value Factor ETF price gained 0.368% on the last trading day (Monday, 17th Jun 2024), rising from $27.17 to $27.27. During the last trading day the ETF fluctuated 1.04% from a day low at $27.00 to a day high of $27.28. The price has fallen in 6 of the last 10 days and is down by -6.51% for this period. Volume fell on the last day by -253 thousand shares and in total, 483 thousand shares were bought and sold for approximately $13.16 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $27.18 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 2.76% during the next 3 months and, with a 90% probability hold a price between $27.93 and $30.33 at the end of this 3-month period.
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IVLU Signals & Forecast
The iShares Edge MSCI Intl Value Factor 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 $27.85 and $28.56. 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). 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 Friday, June 14, 2024, and so far it has risen 0.368%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.
Support, Risk & Stop-loss for iShares Edge MSCI Intl Value Factor ETF
iShares Edge MSCI Intl Value Factor finds support from accumulated volume at $27.21 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.280 (1.04%) between high and low. For the last week, the ETF has had daily average volatility of 0.92%.
Our recommended stop-loss: $25.64 (-5.97%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (IVLU) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect iShares Edge MSCI Intl Value Factor ETF to open at $27.18, and during the day (based on 14 day Average True Range), to move between $26.92 and $27.62, which gives a possible trading interval of +/-$0.352 (+/-1.29%) up or down from last closing price. If iShares Edge MSCI Intl Value Factor ETF takes out the full calculated possible swing range there will be an estimated 2.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $27.21 (0.22%) than the resistance at $27.68 (1.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is iShares Edge MSCI Intl Value Factor ETF 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 Sell to a Buy candidate.
Current score: 1.719 Buy Candidate Upgraded
Predicted Opening Price for iShares Edge MSCI Intl Value Factor ETF of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $27.18 ( 0.330%) | $27.27 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IVLU
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 27.46 | 0.697% |
| R2 | 27.35 | 0.305% |
| R1 | 27.29 | 0.0622% |
| Price | 27.27 | |
| S1 | 27.07 | -0.722% |
| S2 | 27.01 | -0.96% |
| S3 | 26.90 | -1.36% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.17 | 6.97% |
| R2 | 28.23 | 3.52% |
| R1 | 27.68 | 1.50% |
| Price | 27.27 | |
| S1 | 27.21 | -0.220% |
| S2 | 27.17 | -0.367% |
| S3 | 0 | - |
IVLU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 20, 2023 | Dec 20, 2023 | Dec 20, 2023 | $0.611 | 2.37% |
| 2 | Nov 29, 2022 | Jun 07, 2023 | Jun 13, 2023 | $0.631 | 2.49% |
| 3 | Dec 24, 2021 | Dec 13, 2022 | Dec 19, 2022 | $0.298 | 1.31% |
| 4 | Dec 24, 2021 | Jun 09, 2022 | Jun 15, 2022 | $0.534 | 2.32% |
| 5 | Dec 30, 2021 | Dec 30, 2021 | Dec 30, 2021 | $0.0550 | 0.217% |
FAQ
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