Lyxor Msci All Country World Ucits Etf ETF Forecast
Stronger technical forecast for Lyxor Msci All Country World Ucits Etf ETF price after Friday trading.
(Updated on Jun 28, 2024)
The Lyxor Msci All Country World Ucits Etf ETF price gained 0.379% on the last trading day (Friday, 28th Jun 2024), rising from 448.80€ to 450.50€. During the last trading day the ETF fluctuated 0.388% from a day low at 450.50€ to a day high of 452.25€. The price has risen in 7 of the last 10 days and is up by 1.27% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 715 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately 657.28€ thousand.
The ETF lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at 451.63€ will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 6.28% during the next 3 months and, with a 90% probability hold a price between 465.45€ and 479.98€ at the end of this 3-month period.
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LYY0.F Signals & Forecast
Mostly positive signals in the chart today. The Lyxor Msci All Country World Ucits Etf 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 449.37€ and 440.49€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 4.93%. 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). Lyxor Msci All Country World Ucits Etf 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. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for Lyxor Msci All Country World Ucits Etf ETF
Lyxor Msci All Country World Ucits Etf finds support from accumulated volume at 432.75€ 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 1.75€ between high and low, or 0.388%. For the last week the ETF has had daily average volatility of 0.414%.
Our recommended stop-loss: 429.99€ (-4.55%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (LYY0.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Lyxor Msci All Country World Ucits Etf to open at 451.08€, and during the day (based on 14 day Average True Range), to move between 448.00€ and 453.00€, which gives a possible trading interval of +/-2.50€ (+/-0.55%) up or down from last closing price. If Lyxor Msci All Country World Ucits Etf 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.
With no resistance above and support from accumulated volume @ 432.75€, some 17.75€ (3.94%) from the current price of 450.50€, our system finds the risk reward attractive.
Is Lyxor Msci All Country World Ucits Etf ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lyxor Msci All Country World Ucits Etf ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 4.337 Buy Candidate Upgraded
Predicted Opening Price for Lyxor Msci All Country World Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 451.08€ ( 0.129%) | 450.50€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LYY0.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 452.83 | 0.518% |
| R2 | 452.16 | 0.370% |
| R1 | 451.75 | 0.278% |
| Price | 450.50 | |
| S1 | 450.41 | -0.0189% |
| S2 | 450.00 | -0.111% |
| S3 | 449.33 | -0.259% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 450.50 | |
| S1 | 432.75 | -3.94% |
| S2 | 429.35 | -4.69% |
| S3 | 418.05 | -7.20% |
FAQ
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