Keating Active Etf ETF Forecast

Keating Active Etf ETF price ended at $24.88 on Wednesday, after losing 0%.
(Updated on Jul 03, 2024)

KEAT Signals & Forecast

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 Keating Active Etf 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 $24.93 and $25.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -1.24%. Further fall is indicated until a new bottom pivot has been found. 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.

Buy

Special Signal Notification

Double Bottom Formation

A buy signal from a double bottom formation was found on Friday, June 14, 2024 and based on theory for this formation the price should go up by 4.76% to $26.06 within 31 trading days (Wednesday, July 31, 2024) since signal was issued.

Support, Risk & Stop-loss for Keating Active Etf ETF

Keating Active Etf finds support from accumulated volume at $24.87 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 0.106%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (KEAT) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect Keating Active Etf to open at $24.88, and during the day (based on 14 day Average True Range), to move between $24.77 and $24.98, which gives a possible trading interval of +/-$0.107 (+/-0.43%) up or down from last closing price. If Keating Active 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 $24.88 (0.01%) than the support at $24.87 (0.02%), 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 Keating Active Etf ETF A Buy?

Keating Active Etf holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -3.197 Sell Candidate Unchanged

Predicted Opening Price for Keating Active Etf of Friday, July 5, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.