Pimco Etfs Plc Pimco Sterling Short ETF Forecast
Red day on Wednesday for Pimco Etfs Plc Pimco Sterling Short
(Updated on Jun 19, 2024)
The Pimco Etfs Plc Pimco Sterling Short ETF price fell by -0.0631% on the last day (Wednesday, 19th Jun 2024) from £102.96 to £102.90. During the last trading day the ETF fluctuated 0% from a day low at £102.90 to a day high of £102.90. The price has risen in 6 of the last 10 days and is up by 0.08% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -2 thousand shares and in total, 0 shares were bought and sold for approximately £0 .
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 Pimco Etfs Plc Pimco Sterling Short ETF with a 90% probability to be traded between £102.98 and £103.41 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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QUID.L Signals & Forecast
The Pimco Etfs Plc Pimco Sterling Short ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately £102.91. On a fall, the ETF will find some support from the long-term average at approximately £102.75. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.0631%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Tuesday, May 28, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 28, 2023.
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 28, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 28, 2023.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 Tuesday, May 28, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, July 28, 2023.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.
A sell signal from a double top formation was found on Tuesday, June 18, 2024 and based on theory for this formation the price should fall by -0.180% to £102.71 within 22 trading days since signal was issued (Thursday, July 18, 2024).
Support, Risk & Stop-loss for Pimco Etfs Plc Pimco Sterling Short ETF
Pimco Etfs Plc Pimco Sterling Short finds support from accumulated volume at £102.83 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 0.332%
Our recommended stop-loss: £99.29 (-3.50%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (QUID.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Pimco Etfs Plc Pimco Sterling Short Maturity Ucits Etf to open at £102.90, and during the day (based on 14 day Average True Range), to move between £102.49 and £103.30, which gives a possible trading interval of +/-£0.404 (+/-0.39%) up or down from last closing price. If Pimco Etfs Plc Pimco Sterling Short Maturity Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.78% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £102.91 (0.01%) than the support at £102.83 (0.06%), 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 Pimco Etfs Plc Pimco Sterling Short Maturity Ucits 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 Pimco Etfs Plc Pimco Sterling Short ETF to perform well in the short-term period.
Current score: 1.289 Buy Candidate Unchanged
Predicted Opening Price for Pimco Etfs Plc Pimco Sterling Short Maturity Ucits Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £102.90 ( 0%) | £102.90 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for QUID.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 102.90 | - |
| R2 | 102.90 | - |
| R1 | 102.90 | - |
| Price | 102.90 | |
| S1 | 102.90 | - |
| S2 | 102.90 | - |
| S3 | 102.90 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 102.96 | 0.0632% |
| R2 | 102.92 | 0.0243% |
| R1 | 102.91 | 0.0097% |
| Price | 102.90 | |
| S1 | 102.83 | -0.0632% |
| S2 | 102.79 | -0.102% |
| S3 | 102.76 | -0.131% |
QUID Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 16, 2024 | May 16, 2024 | May 31, 2024 | £0.384 | 0.374% |
| 2 | Apr 18, 2024 | Apr 18, 2024 | Apr 30, 2024 | £0.379 | 0.369% |
| 3 | Mar 21, 2024 | Mar 21, 2024 | Mar 28, 2024 | £0.472 | 0.460% |
| 4 | Feb 15, 2024 | Feb 15, 2024 | Feb 29, 2024 | £0.350 | 0.341% |
| 5 | Jan 18, 2024 | Jan 18, 2024 | Jan 31, 2024 | £0.341 | 0.333% |
FAQ
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