Lyxor Index Fund - Lyxor Stoxx Europe ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Lyxor Index Fund - Lyxor Stoxx Europe ETF price up 0.93% on Wednesday
(Updated on Jul 03, 2024)
The Lyxor Index Fund - Lyxor Stoxx Europe ETF price gained 0.93% on the last trading day (Wednesday, 3rd Jul 2024), rising from 15.93€ to 16.08€. During the last trading day the ETF fluctuated 0.600% from a day low at 15.99€ to a day high of 16.09€. The price has fallen in 6 of the last 10 days but is still up by 1.75% 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, 1 thousand more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately 20.93€ thousand.
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 3.27% during the next 3 months and, with a 90% probability hold a price between 16.20€ and 17.27€ at the end of this 3-month period.
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SELD.F Signals & Forecast
Mostly positive signals in the chart today. The Lyxor Index Fund - Lyxor Stoxx Europe ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF 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 15.90€ and 16.07€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 3.22%. 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). Lyxor Index Fund - Lyxor Stoxx Europe 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Lyxor Index Fund - Lyxor Stoxx Europe ETF
Lyxor Index Fund - Lyxor Stoxx Europe finds support from accumulated volume at 15.65€ 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 0.0960€ between high and low, or 0.600%. For the last week the ETF has had daily average volatility of 0.724%.
Our recommended stop-loss: 15.28€ (-4.97%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 32 days ago.)
Trading Expectations (SELD.F) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Lyxor Index Fund - Lyxor Stoxx Europe Select Dividend 30 Ucits Etf to open at 16.05€, and during the day (based on 14 day Average True Range), to move between 15.92€ and 16.23€, which gives a possible trading interval of +/-0.154€ (+/-0.96%) up or down from last closing price. If Lyxor Index Fund - Lyxor Stoxx Europe Select Dividend 30 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.91% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 16.23€ (0.96%) than the support at 15.65€ (2.65%), 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 Lyxor Index Fund - Lyxor Stoxx Europe Select Dividend 30 Ucits Etf ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lyxor Index Fund - Lyxor Stoxx Europe ETF to perform well in the short-term.
Current score: 2.813 Buy Candidate Unchanged
Predicted Opening Price for Lyxor Index Fund - Lyxor Stoxx Europe Select Dividend 30 Ucits Etf of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| 16.05€ ( 0.141%) | 16.08€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SELD.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.15 | 0.456% |
| R2 | 16.11 | 0.228% |
| R1 | 16.09 | 0.0871% |
| Price | 16.08 | |
| S1 | 16.02 | -0.369% |
| S2 | 15.99 | -0.510% |
| S3 | 15.96 | -0.738% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 16.43 | 2.20% |
| R2 | 16.30 | 1.39% |
| R1 | 16.23 | 0.96% |
| Price | 16.08 | |
| S1 | 15.65 | -2.65% |
| S2 | 15.52 | -3.46% |
| S3 | 15.19 | -5.51% |
SELD Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 12, 2023 | Dec 12, 2023 | Dec 15, 2023 | 0.91€ | 0% |
| 2 | Dec 07, 2022 | Dec 07, 2022 | Dec 09, 2022 | 0.130€ | 0% |
| 3 | Jul 06, 2022 | Jul 06, 2022 | Jul 08, 2022 | 1.00€ | 0% |
| 4 | Dec 08, 2021 | Dec 08, 2021 | Dec 10, 2021 | 0.210€ | 0% |
| 5 | Jul 07, 2021 | Jul 07, 2021 | Jul 09, 2021 | 0.590€ | 0% |
FAQ
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