Amundi Index Solutions - Amundi Msci ETF Forecast

Amundi Index Solutions - Amundi Msci ETF price down 0.415% on Tuesday
(Updated on Jun 25, 2024)

LWCE.PA Signals & Forecast

The Amundi Index Solutions - Amundi Msci ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 79.00€ and 79.11€. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.415%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Friday, June 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 Friday, June 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

Double Bottom Formation

A buy signal from a double bottom formation was found on Monday, June 17, 2024 and based on theory for this formation the price should go up by 2.60% to 81.24€ within 13 trading days since signal was issued (Thursday, July 04, 2024).

Support, Risk & Stop-loss for Amundi Index Solutions - Amundi Msci ETF

Amundi Index Solutions - Amundi Msci finds support from accumulated volume at 79.01€ 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 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 0.319%

Our recommended stop-loss: 75.90€ (-4.14%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (LWCE.PA) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Amundi Index Solutions - Amundi Msci Europe Climate Transition Ctb to open at 79.18€, and during the day (based on 14 day Average True Range), to move between 78.66€ and 79.70€, which gives a possible trading interval of +/-0.524€ (+/-0.66%) up or down from last closing price. If Amundi Index Solutions - Amundi Msci Europe Climate Transition Ctb takes out the full calculated possible swing range there will be an estimated 1.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 79.26€ (0.10%) than the support at 79.01€ (0.21%), 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 Amundi Index Solutions - Amundi Msci Europe Climate Transition Ctb ETF A Buy?

Amundi Index Solutions - Amundi Msci 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: -0.240 Hold/Accumulate Unchanged

Predicted Opening Price for Amundi Index Solutions - Amundi Msci Europe Climate Transition Ctb of Wednesday, June 26, 2024

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