American Century Multisector Income Etf ETF Forecast
Green day on Tuesday for American Century Multisector Income Etf ETF after gaining 0.0693%
(Updated on Jun 25, 2024)
The American Century Multisector Income Etf ETF price gained 0.0693% on the last trading day (Tuesday, 25th Jun 2024), rising from $43.27 to $43.30. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.125% from a day low at $43.25 to a day high of $43.30. The price has risen in 7 of the last 10 days and is up by 1.29% 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, 6 thousand more shares were traded than the day before. In total, 7 thousand shares were bought and sold for approximately $300.33 thousand.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect American Century Multisector Income Etf ETF with a 90% probability to be traded between $43.51 and $43.95 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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MUSI Signals & Forecast
Mostly positive signals in the chart today. The American Century Multisector Income 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 $43.22 and $43.01. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 1.29%. 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). American Century Multisector Income 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.
A buy signal from a double bottom formation was found on Monday, June 10, 2024 with a target of $43.05. Despite whether the objective of the signal formation has been reached the ETF may continue to perform well.
Support, Risk & Stop-loss for American Century Multisector Income Etf ETF
American Century Multisector Income Etf finds support from accumulated volume at $42.90 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 $0.0540 between high and low, or 0.125%. For the last week the ETF has had daily average volatility of 0.145%.
Our recommended stop-loss: $40.89 (-5.57%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 12 days ago.)
Trading Expectations (MUSI) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect American Century Multisector Income Etf to open at $43.28, and during the day (based on 14 day Average True Range), to move between $43.16 and $43.44, which gives a possible trading interval of +/-$0.141 (+/-0.33%) up or down from last closing price. If American Century Multisector Income Etf takes out the full calculated possible swing range there will be an estimated 0.65% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ $42.90, some $0.400 (0.92%) from the current price of $43.30, our system finds the risk reward attractive.
Is American Century Multisector Income Etf ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for American Century Multisector Income Etf ETF to perform well in the short-term period.
Current score: 1.473 Buy Candidate Unchanged
Predicted Opening Price for American Century Multisector Income Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $43.28 ( 0.0416%) | $43.30 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MUSI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 43.34 | 0.0831% |
| R2 | 43.32 | 0.0355% |
| R1 | 43.30 | 0.0061% |
| Price | 43.30 | |
| S1 | 43.26 | -0.0892% |
| S2 | 43.25 | -0.119% |
| S3 | 43.23 | -0.166% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 43.30 | |
| S1 | 42.90 | -0.92% |
| S2 | 42.80 | -1.15% |
| S3 | 42.75 | -1.27% |
MUSI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 01, 2024 | May 01, 2024 | May 03, 2024 | $0.225 | 0.524% |
| 2 | Mar 28, 2024 | Apr 01, 2024 | Apr 03, 2024 | $0.177 | 0.411% |
| 3 | Feb 29, 2024 | Mar 01, 2024 | Mar 05, 2024 | $0.191 | 0.441% |
| 4 | Jan 31, 2024 | Feb 01, 2024 | Feb 05, 2024 | $0.193 | 0.446% |
| 5 | Dec 15, 2023 | Dec 18, 2023 | Dec 21, 2023 | $0.207 | 0.475% |
FAQ
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