Lyxor Pea Immobilier Europe (ftse 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:
![Bollinger Bottleneck Buy Pattern 1](https://stockinvest.us/assets/img/legend/boll_tight.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Buy Pattern 2](https://stockinvest.us/assets/img/legend/boll_tight2.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
![Bollinger Bottleneck Sell Pattern](https://stockinvest.us/assets/img/legend/boll_tight3.gif?v=e286bd2437919596200b642acbe7c45175aa9cf4)
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 Lyxor Pea Immobilier Europe (ftse ETF price after Friday trading.
(Updated on Jun 28, 2024)
The Lyxor Pea Immobilier Europe (ftse ETF price gained 0.332% on the last trading day (Friday, 28th Jun 2024), rising from 12.06€ to 12.10€. During the last trading day the ETF fluctuated 0.84% from a day low at 12.05€ to a day high of 12.15€. The price has been going up and down for this period, and there has been a -0.35% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 11 thousand shares were bought and sold for approximately 127.32€ thousand.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at 12.01€ is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 5.96% during the next 3 months and, with a 90% probability hold a price between 12.73€ and 13.77€ at the end of this 3-month period.
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PMEH.PA Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 26, 2024, and so far it has risen 0.95%. Further rise is indicated until a new top pivot has been found. Lyxor Pea Immobilier Europe (ftse 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Lyxor Pea Immobilier Europe (ftse 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 12.11€ and 12.37€. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The ETF had a Golden Star Signal on Friday, April 19, 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 Friday, April 19, 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 Lyxor Pea Immobilier Europe (ftse ETF
Lyxor Pea Immobilier Europe (ftse finds support from accumulated volume at 11.72€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved 0.101€ (0.84%) between high and low. For the last week, the ETF has had daily average volatility of 1.36%.
Our recommended stop-loss: 11.36€ (-6.08%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 17 days ago.)
Trading Expectations (PMEH.PA) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Lyxor Pea Immobilier Europe (ftse Epra/nareit) Ucits Etf to open at 12.10€, and during the day (based on 14 day Average True Range), to move between 11.92€ and 12.28€, which gives a possible trading interval of +/-0.181€ (+/-1.49%) up or down from last closing price. If Lyxor Pea Immobilier Europe (ftse Epra/nareit) Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.99% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 12.14€ (0.36%) than the support at 11.72€ (3.15%), 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 Lyxor Pea Immobilier Europe (ftse Epra/nareit) Ucits Etf ETF A Buy?
Lyxor Pea Immobilier Europe (ftse 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: -0.083 Hold/Accumulate Upgraded
Predicted Opening Price for Lyxor Pea Immobilier Europe (ftse Epra/nareit) Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
12.10€ ( 0.0028%) | 12.10€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PMEH.PA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 12.20 | 0.83% |
R2 | 12.16 | 0.513% |
R1 | 12.14 | 0.316% |
Price | 12.10 | |
S1 | 12.06 | -0.322% |
S2 | 12.04 | -0.519% |
S3 | 12.00 | -0.84% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 12.52 | 3.46% |
R2 | 12.30 | 1.64% |
R1 | 12.14 | 0.355% |
Price | 12.10 | |
S1 | 11.72 | -3.15% |
S2 | 11.59 | -4.22% |
S3 | 11.58 | -4.31% |
FAQ
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