Ishares € Corp Bond Esg Ucits Etf ETF Forecast
Green day on Tuesday for Ishares € Corp Bond Esg Ucits Etf
(Updated on Jun 25, 2024)
The Ishares € Corp Bond Esg Ucits Etf ETF price gained 0.103% on the last trading day (Tuesday, 25th Jun 2024), rising from 4.65€ to 4.66€. 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 0.265% from a day low at 4.65€ to a day high of 4.66€. The price has risen in 8 of the last 10 days and is up by 0.84% 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, 301 thousand more shares were traded than the day before. In total, 561 thousand shares were bought and sold for approximately 2.61€ million.
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 Ishares € Corp Bond Esg Ucits Etf ETF with a 90% probability to be traded between 4.49€ and 4.59€ 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. 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.
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OM3F.F Signals & Forecast
The Ishares € Corp Bond Esg 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 4.65€ and 4.64€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.01%. 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). Volume is rising along with the price. This is considered to be a good technical signal. The ETF had a Golden Star Signal on Wednesday, October 11, 2023 in the long-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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Wednesday, October 11, 2023 in the long-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 Ishares € Corp Bond Esg Ucits Etf ETF
Ishares € Corp Bond Esg Ucits Etf finds support from accumulated volume at 4.65€ 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 0.0123€ between high and low, or 0.265%. For the last week the ETF has had daily average volatility of 0.292%.
Our recommended stop-loss: 4.39€ (-5.66%) (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 (OM3F.F) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ishares € Corp Bond Esg Ucits Etf to open at 4.65€, and during the day (based on 14 day Average True Range), to move between 4.64€ and 4.67€, which gives a possible trading interval of +/-0.0177€ (+/-0.38%) up or down from last closing price. If Ishares € Corp Bond Esg Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 4.65€ (0.18%) than the resistance at 4.68€ (0.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares € Corp Bond Esg Ucits Etf ETF A Buy?
Ishares € Corp Bond Esg Ucits Etf 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: -0.107 Hold/Accumulate Unchanged
Predicted Opening Price for Ishares € Corp Bond Esg Ucits Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 4.65€ ( 0.0566%) | 4.66€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for OM3F.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.67 | 0.208% |
| R2 | 4.66 | 0.107% |
| R1 | 4.66 | 0.0444% |
| Price | 4.66 | |
| S1 | 4.65 | -0.157% |
| S2 | 4.65 | -0.220% |
| S3 | 4.64 | -0.321% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4.71 | 1.17% |
| R2 | 4.69 | 0.741% |
| R1 | 4.68 | 0.526% |
| Price | 4.66 | |
| S1 | 4.65 | -0.183% |
| S2 | 4.63 | -0.548% |
| S3 | 4.62 | -0.83% |
OM3F Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | 0.0732€ | 0% |
| 2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | 0.0658€ | 0% |
| 3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | 0.0528€ | 0% |
| 4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | 0.0257€ | 0% |
| 5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | 0.0115€ | 0% |
FAQ
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