Sce Trust V Pfd Sec Trust Forecast

Green day on Thursday for Sce Trust V Pfd Sec
(Updated on Jun 27, 2024)

SCE-PK Signals & Forecast

The Sce Trust V Pfd Sec trust holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the trust has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $24.45 and $24.61. A breakdown below any of these levels will issue sell signals. 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 Friday, June 07, 2024, and so far it has fallen -0.637%. 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). 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 also not. The trust had a Golden Star Signal on Monday, July 10, 2023 in the long-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 trust in question.

Support, Risk & Stop-loss for Sce Trust V Pfd Sec trust

Sce Trust V Pfd Sec finds support from accumulated volume at $24.56 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust 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 trust During the last day, the trust moved $0.111 between high and low, or 0.443%. For the last week the trust has had daily average volatility of 1.42%

Our recommended stop-loss: $23.99 (-3.93%) (This trust has low daily movements and this gives low risk. There is a sell signal from a pivot top found 51 days ago.)

Trading Expectations (SCE-PK) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect Sce Trust V Pfd Sec to open at $25.01, and during the day (based on 14 day Average True Range), to move between $24.64 and $25.30, which gives a possible trading interval of +/-$0.327 (+/-1.31%) up or down from last closing price. If Sce Trust V Pfd Sec takes out the full calculated possible swing range there will be an estimated 2.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.00 (0.12%) than the support at $24.56 (1.64%), 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 Sce Trust V Pfd Sec trust A Buy?

Sce Trust V Pfd Sec 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.

Current score: -0.689 Hold/Accumulate Unchanged

Predicted Opening Price for Sce Trust V Pfd Sec of Friday, June 28, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.