Jpmorgan Healthcare Leaders Etf ETF Forecast
Jpmorgan Healthcare Leaders Etf ETF price down 0% on Wednesday
(Updated on Jul 03, 2024)
No changes to the price of Jpmorgan Healthcare Leaders Etf ETF on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the ETF fluctuated 0% from a day low at $58.00 to a day high of $58.00. The price has fallen in 5 of the last 10 days and is down by -0.4% for this period.
The ETF lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $57.62 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 5.25% during the next 3 months and, with a 90% probability hold a price between $60.64 and $63.05 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
JDOC Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, July 02, 2024, and so far it has fallen 0%. 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 Jpmorgan Healthcare Leaders Etf ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $58.51 and $58.09. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Jpmorgan Healthcare Leaders Etf ETF
Jpmorgan Healthcare Leaders Etf finds support from accumulated volume at $57.10 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%
Our recommended stop-loss: $54.38 (-6.24%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 6 days ago.)
Trading Expectations (JDOC) For The Upcoming Trading Day Of Friday 5th
For the upcoming trading day on Friday, 5th we expect Jpmorgan Healthcare Leaders Etf to open at $58.00, and during the day (based on 14 day Average True Range), to move between $57.75 and $58.25, which gives a possible trading interval of +/-$0.248 (+/-0.43%) up or down from last closing price. If Jpmorgan Healthcare Leaders Etf takes out the full calculated possible swing range there will be an estimated 0.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $58.51 (0.87%) than the support at $57.10 (1.55%), 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 Jpmorgan Healthcare Leaders Etf ETF A Buy?
Jpmorgan Healthcare Leaders Etf holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.276 Hold/Accumulate Unchanged
Predicted Opening Price for Jpmorgan Healthcare Leaders Etf of Friday, July 5, 2024
| Fair opening price July 5, 2024 | Current price |
|---|---|
| $58.00 ( 0%) | $58.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JDOC
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.00 | - |
| R2 | 58.00 | - |
| R1 | 58.00 | - |
| Price | 58.00 | |
| S1 | 58.00 | - |
| S2 | 58.00 | - |
| S3 | 58.00 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.57 | 0.97% |
| R2 | 58.56 | 0.97% |
| R1 | 58.51 | 0.87% |
| Price | 58.00 | |
| S1 | 57.10 | -1.55% |
| S2 | 56.96 | -1.79% |
| S3 | 55.40 | -4.48% |
JDOC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 08, 2023 | Dec 19, 2023 | Dec 22, 2023 | $0.0797 | 0.150% |
FAQ
Click here for our free guide on how to buy Jpmorgan Healthcare Leaders Etf ETF.
