Ishares Msci World Sri Ucits Etf ETF Forecast
Ishares Msci World Sri Ucits Etf ETF price up 0.262% on Thursday
(Updated on Jun 20, 2024)
The Ishares Msci World Sri Ucits Etf ETF price gained 0.262% on the last trading day (Thursday, 20th Jun 2024), rising from 6.48 Fr to 6.50 Fr. During the last trading day the ETF fluctuated 0.200% from a day low at 6.50 Fr to a day high of 6.51 Fr. The price has risen in 5 of the last 10 days and is up by 1.59% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 46 thousand more shares were traded than the day before. In total, 49 thousand shares were bought and sold for approximately 319.15 Fr thousand.
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 Ishares Msci World Sri Ucits Etf ETF with a 90% probability to be traded between 6.43 Fr and 6.66 Fr 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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SCWS.SW Signals & Forecast
The Ishares Msci World Sri Ucits Etf 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 6.43 Fr and 6.40 Fr. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 3.49%. 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). Ishares Msci World Sri Ucits Etf 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.
Support, Risk & Stop-loss for Ishares Msci World Sri Ucits Etf ETF
Ishares Msci World Sri Ucits Etf finds support from accumulated volume at 6.49 Fr 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved 0.0130 Fr between high and low, or 0.200%. For the last week the ETF has had daily average volatility of 0.171%.
Our recommended stop-loss: 6.15 Fr (-5.44%) (This ETF has low daily movements and this gives low risk. The RSI14 is 78 and this increases the risk substantially. There is a buy signal from a pivot bottom found 20 days ago.)
Trading Expectations (SCWS.SW) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect Ishares Msci World Sri Ucits Etf to open at 6.50 Fr, and during the day (based on 14 day Average True Range), to move between 6.45 Fr and 6.55 Fr, which gives a possible trading interval of +/-0.0457 Fr (+/-0.70%) up or down from last closing price. If Ishares Msci World Sri Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.41% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 6.49 Fr, some 0.0080 Fr (0.12%) from the current price of 6.50 Fr, our system finds the risk reward attractive.
Is Ishares Msci World Sri Ucits Etf ETF A Buy?
Ishares Msci World Sri Ucits Etf 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ishares Msci World Sri Ucits Etf of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| 6.50 Fr ( 0.0667%) | 6.50 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SCWS.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.52 | 0.267% |
| R2 | 6.51 | 0.190% |
| R1 | 6.51 | 0.143% |
| Price | 6.50 | |
| S1 | 6.50 | -0.0097% |
| S2 | 6.50 | -0.0569% |
| S3 | 6.49 | -0.133% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 6.50 | |
| S1 | 6.49 | -0.123% |
| S2 | 6.39 | -1.66% |
| S3 | 6.36 | -2.09% |
SCWS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 14, 2024 | Mar 14, 2024 | Mar 27, 2024 | 0.0151 Fr | 0.233% |
| 2 | Dec 14, 2023 | Dec 14, 2023 | Dec 29, 2023 | 0.0214 Fr | 0.347% |
| 3 | Sep 14, 2023 | Sep 14, 2023 | Sep 27, 2023 | 0.0188 Fr | 0.331% |
| 4 | Jun 15, 2023 | Jun 15, 2023 | Jun 28, 2023 | 0.0404 Fr | 0.687% |
| 5 | Mar 16, 2023 | Mar 16, 2023 | Mar 29, 2023 | 0.0123 Fr | 0.223% |
FAQ
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