Ubs Etf (ch) – Sxi Real Estate Funds ETF Forecast
Weaker technical forecast for Ubs Etf (ch) – Sxi Real Estate Funds as ETF downgraded to Sell Candidate.
(Updated on Jun 25, 2024)
The Ubs Etf (ch) – Sxi Real Estate Funds ETF price fell by -0.0664% on the last day (Tuesday, 25th Jun 2024) from 9.03 Fr to 9.02 Fr. During the last trading day the ETF fluctuated 0.701% from a day low at 8.99 Fr to a day high of 9.06 Fr. The price has risen in 7 of the last 10 days and is up by 2.55% 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 -98 thousand shares and in total, 90 thousand shares were bought and sold for approximately 815.59 Fr thousand.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 9.02 Fr will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Ubs Etf (ch) – Sxi Real Estate Funds ETF with a 90% probability to be traded between 8.61 Fr and 8.90 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. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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SRECHA.SW Signals & Forecast
The Ubs Etf (ch) – Sxi Real Estate Funds 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 8.94 Fr and 8.94 Fr. 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 Monday, June 24, 2024, and so far it has fallen -0.0664%. 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 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.
Support, Risk & Stop-loss for Ubs Etf (ch) – Sxi Real Estate Funds ETF
Ubs Etf (ch) – Sxi Real Estate Funds finds support from accumulated volume at 9.00 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 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 0.0630 Fr between high and low, or 0.701%. For the last week the ETF has had daily average volatility of 0.747%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SRECHA.SW) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ubs Etf (ch) – Sxi Real Estate Funds to open at 9.02 Fr, and during the day (based on 14 day Average True Range), to move between 8.95 Fr and 9.10 Fr, which gives a possible trading interval of +/-0.0734 Fr (+/-0.81%) up or down from last closing price. If Ubs Etf (ch) – Sxi Real Estate Funds takes out the full calculated possible swing range there will be an estimated 1.63% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 9.03 Fr (0.07%) than the support at 9.00 Fr (0.27%), 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 Ubs Etf (ch) – Sxi Real Estate Funds ETF A Buy?
Ubs Etf (ch) – Sxi Real Estate Funds holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.501 Sell Candidate Downgraded
Predicted Opening Price for Ubs Etf (ch) – Sxi Real Estate Funds of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 9.02 Fr ( 0.0037%) | 9.02 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SRECHA.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.09 | 0.694% |
| R2 | 9.06 | 0.428% |
| R1 | 9.05 | 0.263% |
| Price | 9.02 | |
| S1 | 9.00 | -0.270% |
| S2 | 8.98 | -0.435% |
| S3 | 8.96 | -0.702% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 9.05 | 0.288% |
| R2 | 9.03 | 0.0887% |
| R1 | 9.03 | 0.0665% |
| Price | 9.02 | |
| S1 | 9.00 | -0.266% |
| S2 | 8.98 | -0.543% |
| S3 | 8.89 | -1.52% |
SRECHA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 08, 2023 | Sep 08, 2023 | Sep 13, 2023 | 0.120 Fr | 1.44% |
| 2 | Sep 09, 2022 | Sep 09, 2022 | Sep 14, 2022 | 0.130 Fr | 1.55% |
| 3 | Sep 10, 2021 | Sep 10, 2021 | Sep 15, 2021 | 0.130 Fr | 1.28% |
| 4 | Sep 25, 2020 | Sep 25, 2020 | Sep 30, 2020 | 0.146 Fr | 0.233% |
| 5 | Sep 05, 2019 | Sep 05, 2019 | Sep 09, 2019 | 0.146 Fr | 0.238% |
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