RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LKOR
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Wednesday for FlexShares Credit-Scored US Long ETF after gaining 0.622%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 0.25% PDF

The FlexShares Credit-Scored US Long ETF price gained 0.622% on the last trading day (Wednesday, 27th Mar 2024), rising from $43.37 to $43.64. During the last trading day the ETF fluctuated 0.553% from a day low at $43.40 to a day high of $43.64. The price has been going up and down for this period, and there has been a 0.02% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 26 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately $54.90 thousand.

The ETF lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -2.32% during the next 3 months and, with a 90% probability hold a price between $41.22 and $43.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

LKOR Signals & Forecast

The FlexShares Credit-Scored US Long 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 $43.36 and $43.29. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 2.18%. Further rise is indicated until a new top pivot has been found. FlexShares Credit-Scored US Long 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. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Thursday, March 21, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Thursday, March 21, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for FlexShares Credit-Scored US Long ETF

FlexShares Credit-Scored US Long finds support from accumulated volume at $43.07 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 $0.240 between high and low, or 0.553%. For the last week the ETF has had daily average volatility of 0.313%.

Our recommended stop-loss: $41.19 (-5.62%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (LKOR) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect FlexShares Credit-Scored US Long Corporate Bond Index Fund to open at $43.56, and during the day (based on 14 day Average True Range), to move between $43.40 and $43.88, which gives a possible trading interval of +/-$0.243 (+/-0.56%) up or down from last closing price. If FlexShares Credit-Scored US Long Corporate Bond Index Fund takes out the full calculated possible swing range there will be an estimated 1.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $43.77 (0.30%) than the support at $43.07 (1.31%), 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 FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF A Buy?

FlexShares Credit-Scored US Long 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.

Current score: -0.890 Hold/Accumulate Unchanged

Predicted Opening Price for FlexShares Credit-Scored US Long Corporate Bond Index Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$43.56 ( 0.183%) $43.64

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

Trading levels for LKOR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 43.80 0.366 %
R2 43.71 0.156 %
R1 43.65 0.0268 %
Current price: 43.64
Support S1 43.47 -0.393 %
S2 43.41 -0.523 %
S3 43.32 -0.733 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 44.72 2.47 %
R2 43.79 0.344 %
R1 43.77 0.298 %
Current price 43.64
Support S1 43.07 -1.31%
S2 42.98 -1.51%
S3 42.71 -2.13%

LKOR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 01, 2024 Mar 07, 2024 $0.186 0.424%
2 Feb 01, 2024 Feb 01, 2024 Feb 07, 2024 $0.200 0.457%
3 Dec 15, 2023 Dec 15, 2023 Dec 15, 2023 $0.193 0.432%
4 Dec 01, 2023 Dec 01, 2023 Dec 01, 2023 $0.188 0.441%
5 Nov 01, 2023 Nov 01, 2023 Nov 01, 2023 $0.190 0.491%

FAQ

What is the symbol for FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF and on which exchange is it traded?
The symbol for FlexShares Credit-Scored US Long Corporate Bond Index Fund is LKOR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF?
FlexShares Credit-Scored US Long 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.

How to buy FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF?
FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF.

What's the current price of FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF?
As of the end of day on the 2024-03-27, the price of an FlexShares Credit-Scored US Long Corporate Bond Index Fund (LKOR) share was $43.64.

What is the 52-week high and low for FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF?
The 52-week high for FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF is $45.23 and the 52-week low is $37.76.

What is the market capitalization of FlexShares Credit-Scored US Long Corporate Bond Index Fund ETF?
As of the 2024-03-27, the market capitalization of FlexShares Credit-Scored US Long Corporate Bond Index Fund is 32.207M.
Click to get the best stock tips daily for free!

About FlexShares Credit-Scored US Long Corporate Bond Index Fund

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Credit-Scored US Long Corporate Bond IndexSM. The fund generally will invest at least 80% of its total assets in the securities of its underlying index. The underlying index reflects the performance of U.S.-dollar denominated bonds of companies to have higher credit quality, lower risk of default a... LKOR Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT