InfraCap REIT Preferred ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for InfraCap REIT Preferred ETF price after Friday trading.
(Updated on Jun 28, 2024)
The InfraCap REIT Preferred ETF price fell by -0.0903% on the last day (Friday, 28th Jun 2024) from $18.27 to $18.25. During the last trading day the ETF fluctuated 1.10% from a day low at $18.15 to a day high of $18.35. The price has been going up and down for this period, and there has been a -0.44% loss for the last 2 weeks. Volume has increased on the last day by 88 shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 10 thousand shares were bought and sold for approximately $183.85 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 InfraCap REIT Preferred ETF with a 90% probability to be traded between $17.93 and $18.55 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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PFFR Signals & Forecast
There are few to no technical positive signals at the moment. The InfraCap REIT Preferred ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $18.26 and $18.28. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 04, 2024, and so far it has fallen -1.14%. 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). InfraCap REIT Preferred gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The ETF had a Golden Star Signal on Tuesday, May 14, 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.
Golden Star
The ETF had a Golden Star Signal on Tuesday, May 14, 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 InfraCap REIT Preferred ETF
InfraCap REIT Preferred finds support from accumulated volume at $18.15 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 $0.200 between high and low, or 1.10%. For the last week the ETF has had daily average volatility of 0.89%.
Our recommended stop-loss: $17.54 (-3.89%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 51 days ago.)
Trading Expectations (PFFR) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect InfraCap REIT Preferred ETF to open at $18.25, and during the day (based on 14 day Average True Range), to move between $18.08 and $18.42, which gives a possible trading interval of +/-$0.172 (+/-0.94%) up or down from last closing price. If InfraCap REIT Preferred ETF takes out the full calculated possible swing range there will be an estimated 1.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $18.27 (0.11%) than the support at $18.15 (0.55%), 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 InfraCap REIT Preferred ETF ETF A Buy?
InfraCap REIT Preferred holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.937 Hold/Accumulate Upgraded
Predicted Opening Price for InfraCap REIT Preferred ETF of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $18.25 ( 0.0002%) | $18.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PFFR
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.45 | 1.10% |
| R2 | 18.37 | 0.677% |
| R1 | 18.33 | 0.418% |
| Price | 18.25 | |
| S1 | 18.17 | -0.419% |
| S2 | 18.13 | -0.677% |
| S3 | 18.05 | -1.10% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 18.65 | 2.19% |
| R2 | 18.55 | 1.63% |
| R1 | 18.27 | 0.110% |
| Price | 18.25 | |
| S1 | 18.15 | -0.548% |
| S2 | 18.01 | -1.32% |
| S3 | 17.93 | -1.75% |
PFFR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 24, 2024 | Apr 22, 2024 | Apr 29, 2024 | $0.120 | 0.667% |
| 2 | Jan 24, 2024 | Mar 20, 2024 | Mar 26, 2024 | $0.120 | 0.640% |
| 3 | Jan 24, 2024 | Feb 21, 2024 | Feb 29, 2024 | $0.120 | 0.639% |
| 4 | Jan 19, 2024 | Jan 22, 2024 | Jan 30, 2024 | $0.120 | 0.637% |
| 5 | Dec 20, 2023 | Dec 20, 2023 | Dec 29, 2023 | $0.120 | 0.643% |
FAQ
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