JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF Forecast
Red day on Tuesday for JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF after losing 0.0601%
(Updated on Jun 25, 2024)
The JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF price fell by -0.0601% on the last day (Tuesday, 25th Jun 2024) from $66.52 to $66.48. During the last trading day the ETF fluctuated 0.625% from a day low at $66.20 to a day high of $66.61. The price has fallen in 6 of the last 10 days but is still up by 0.32% over the past 2 weeks. Volume has increased on the last day by 6 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 13 thousand shares were bought and sold for approximately $856.26 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 JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF with a 90% probability to be traded between $62.73 and $67.44 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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JSMD Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 1.00%. Further rise is indicated until a new top pivot has been found. 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 JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $67.34. On a fall, the ETF will find some support from the short-term average at $66.41. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. JANUS SMALL/MID CAP GROWTH ALPHA JANUS gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for JANUS SMALL/MID CAP GROWTH ALPHA JANUS ETF
JANUS SMALL/MID CAP GROWTH ALPHA JANUS finds support from accumulated volume at $66.01 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 $0.414 between high and low, or 0.625%. For the last week the ETF has had daily average volatility of 0.776%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (JSMD) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect JANUS SMALL/MID CAP GROWTH ALPHA ETF JANUS SMALL/MID CAP GROWTH ALPHA ETF to open at $66.43, and during the day (based on 14 day Average True Range), to move between $65.68 and $67.28, which gives a possible trading interval of +/-$0.798 (+/-1.20%) up or down from last closing price. If JANUS SMALL/MID CAP GROWTH ALPHA ETF JANUS SMALL/MID CAP GROWTH ALPHA ETF takes out the full calculated possible swing range there will be an estimated 2.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $66.61 (0.20%) than the support at $66.01 (0.70%), 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 JANUS SMALL/MID CAP GROWTH ALPHA ETF JANUS SMALL/MID CAP GROWTH ALPHA ETF ETF A Buy?
JANUS SMALL/MID CAP GROWTH ALPHA JANUS holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -2.984 Sell Candidate Unchanged
Predicted Opening Price for JANUS SMALL/MID CAP GROWTH ALPHA ETF JANUS SMALL/MID CAP GROWTH ALPHA ETF of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $66.43 ( 0.0771%) | $66.48 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for JSMD
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 66.84 | 0.545% |
| R2 | 66.68 | 0.307% |
| R1 | 66.59 | 0.161% |
| Price | 66.48 | |
| S1 | 66.27 | -0.315% |
| S2 | 66.17 | -0.462% |
| S3 | 66.02 | -0.699% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 67.66 | 1.77% |
| R2 | 67.27 | 1.19% |
| R1 | 66.61 | 0.196% |
| Price | 66.48 | |
| S1 | 66.01 | -0.701% |
| S2 | 65.82 | -0.99% |
| S3 | 65.58 | -1.35% |
JSMD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 28, 2024 | Mar 28, 2024 | Apr 04, 2024 | $0.0656 | 0.0969% |
| 2 | Dec 19, 2023 | Dec 20, 2023 | Dec 27, 2023 | $0.0993 | 0.148% |
| 3 | Sep 28, 2023 | Sep 29, 2023 | Oct 05, 2023 | $0.0700 | 0.121% |
| 4 | Jun 29, 2023 | Jun 30, 2023 | Jul 07, 2023 | $0.0650 | 0.106% |
| 5 | Mar 30, 2023 | Mar 31, 2023 | Apr 06, 2023 | $0.0570 | 0.105% |
FAQ
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