Xtrackers Cybersecurity Select Equity ETF Forecast
Xtrackers Cybersecurity Select Equity ETF price ended at $30.12 on Friday, after gaining 0.266%.
(Updated on Jun 28, 2024)
The Xtrackers Cybersecurity Select Equity ETF price gained 0.266% on the last trading day (Friday, 28th Jun 2024), rising from $30.04 to $30.12. During the last trading day the ETF fluctuated 0% from a day low at $30.12 to a day high of $30.12. The price has been going up and down for this period, and there has been a 3.51% gain for the last 2 weeks. Volume fell on the last day by -18 shares and in total, 81 shares were bought and sold for approximately $2.44 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETFhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $29.66, a level that may pose a second chance to hit a runner. According to fan-theory $31.56 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
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PSWD Signals & Forecast
The Xtrackers Cybersecurity Select Equity 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 $29.30 and $29.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 03, 2024, and so far it has risen 7.11%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Xtrackers Cybersecurity Select Equity ETF
Xtrackers Cybersecurity Select Equity finds support from accumulated volume at $29.83 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.785%
Our recommended stop-loss: $28.91 (-4.00%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 27 days ago.)
Trading Expectations (PSWD) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Xtrackers Cybersecurity Select Equity Etf to open at $30.12, and during the day (based on 14 day Average True Range), to move between $29.84 and $30.40, which gives a possible trading interval of +/-$0.280 (+/-0.93%) up or down from last closing price. If Xtrackers Cybersecurity Select Equity Etf takes out the full calculated possible swing range there will be an estimated 1.86% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $30.20 (0.27%) than the support at $29.83 (0.96%), 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 Xtrackers Cybersecurity Select Equity Etf ETF A Buy?
Xtrackers Cybersecurity Select Equity 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: 0.167 Hold/Accumulate Unchanged
Predicted Opening Price for Xtrackers Cybersecurity Select Equity Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
$30.12 ( 0%) | $30.12 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for PSWD
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 30.12 | - |
R2 | 30.12 | - |
R1 | 30.12 | - |
Price | 30.12 | |
S1 | 30.12 | - |
S2 | 30.12 | - |
S3 | 30.12 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 30.50 | 1.26% |
R2 | 30.43 | 1.03% |
R1 | 30.20 | 0.266% |
Price | 30.12 | |
S1 | 29.83 | -0.96% |
S2 | 29.17 | -3.15% |
S3 | 28.63 | -4.95% |
PSWD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 14, 2024 | Mar 15, 2024 | Mar 22, 2024 | $0.0353 | 0.114% |
2 | Dec 06, 2023 | Dec 15, 2023 | Dec 14, 2023 | $0.133 | 0.444% |
FAQ
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