Alps Reit Dividend Dogs Etf ETF Forecast
Alps Reit Dividend Dogs Etf ETF upgraded to Buy Candidate.
(Updated on Jun 28, 2024)
The Alps Reit Dividend Dogs Etf ETF price gained 1.24% on the last trading day (Friday, 28th Jun 2024), rising from $35.59 to $36.03. During the last trading day the ETF fluctuated 0.208% from a day low at $36.00 to a day high of $36.08. The price has fallen in 6 of the last 10 days and is down by -2.03% for this period. Volume fell on the last day by -390 shares and in total, 622 shares were bought and sold for approximately $22.41 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 ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 2.46% during the next 3 months and, with a 90% probability hold a price between $36.06 and $38.66 at the end of this 3-month period.
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RDOG Signals & Forecast
Mostly positive signals in the chart today. Some may claim that when the sun shines too bright there is rain ahead, but you should always take into consideration the time of the year.
Support, Risk & Stop-loss for Alps Reit Dividend Dogs Etf ETF
Alps Reit Dividend Dogs Etf finds support from accumulated volume at $36.01 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 $0.0750 between high and low, or 0.208%. For the last week the ETF has had daily average volatility of 0.608%
Our recommended stop-loss: $34.72 (-3.63%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 14 days ago.)
Trading Expectations (RDOG) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Alps Reit Dividend Dogs Etf to open at $36.04, and during the day (based on 14 day Average True Range), to move between $35.66 and $36.40, which gives a possible trading interval of +/-$0.368 (+/-1.02%) up or down from last closing price. If Alps Reit Dividend Dogs Etf takes out the full calculated possible swing range there will be an estimated 2.04% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $36.01 (0.06%) than the resistance at $36.11 (0.22%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Alps Reit Dividend Dogs Etf ETF A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.
Current score: 1.240 Buy Candidate Upgraded
Predicted Opening Price for Alps Reit Dividend Dogs Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $36.04 ( 0.0139%) | $36.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RDOG
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 36.11 | 0.222% |
| R2 | 36.08 | 0.143% |
| R1 | 36.06 | 0.0934% |
| Price | 36.03 | |
| S1 | 36.01 | -0.0656% |
| S2 | 35.99 | -0.115% |
| S3 | 35.96 | -0.194% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 36.54 | 1.42% |
| R2 | 36.39 | 1.01% |
| R1 | 36.11 | 0.222% |
| Price | 36.03 | |
| S1 | 36.01 | -0.0555% |
| S2 | 35.93 | -0.278% |
| S3 | 35.38 | -1.80% |
FAQ
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