Pimco Etfs Plc - Pimco Us Short-term ETF Forecast
Pimco Etfs Plc - Pimco Us Short-term ETF price ended at £8.79 on Tuesday, after losing 0.0853%.
(Updated on Jun 25, 2024)
The Pimco Etfs Plc - Pimco Us Short-term ETF price fell by -0.0853% on the last day (Tuesday, 25th Jun 2024) from £8.79 to £8.79. During the last trading day the ETF fluctuated 0.616% from a day low at £8.77 to a day high of £8.82. The price has fallen in 6 of the last 10 days and is down by -0.35% for this period. 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 -10 thousand shares and in total, 3 thousand shares were bought and sold for approximately £29.46 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 Pimco Etfs Plc - Pimco Us Short-term ETF with a 90% probability to be traded between £8.74 and £8.90 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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STHS.L Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 0.0512%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Pimco Etfs Plc - Pimco Us Short-term ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at £8.82 and £8.82. A break-up above any of these levels will issue buy signals. 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Pimco Etfs Plc - Pimco Us Short-term ETF
Pimco Etfs Plc - Pimco Us Short-term finds support from accumulated volume at £8.78 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 £0.0540 between high and low, or 0.616%. For the last week the ETF has had daily average volatility of 0.714%
Our recommended stop-loss: £8.25 (-6.06%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (STHS.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Pimco Etfs Plc - Pimco Us Short-term High Yield Corporate Bond Index Ucits Etf to open at £8.79, and during the day (based on 14 day Average True Range), to move between £8.72 and £8.85, which gives a possible trading interval of +/-£0.0691 (+/-0.79%) up or down from last closing price. If Pimco Etfs Plc - Pimco Us Short-term High Yield Corporate Bond Index Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.57% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £8.78 (0.06%) than the resistance at £8.83 (0.51%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Pimco Etfs Plc - Pimco Us Short-term High Yield Corporate Bond Index Ucits Etf ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Pimco Etfs Plc - Pimco Us Short-term ETF to perform well in the short-term period.
Current score: 1.275 Buy Candidate Unchanged
Predicted Opening Price for Pimco Etfs Plc - Pimco Us Short-term High Yield Corporate Bond Index Ucits Etf of Wednesday, June 26, 2024
Fair opening price June 26, 2024 | Current price |
---|---|
£8.79 ( 0.0607%) | £8.79 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for STHS.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 8.84 | 0.675% |
R2 | 8.82 | 0.441% |
R1 | 8.81 | 0.296% |
Price | 8.79 | |
S1 | 8.77 | -0.174% |
S2 | 8.76 | -0.319% |
S3 | 8.74 | -0.554% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 8.86 | 0.85% |
R2 | 8.84 | 0.626% |
R1 | 8.83 | 0.512% |
Price | 8.79 | |
S1 | 8.78 | -0.0569% |
S2 | 8.77 | -0.171% |
S3 | 8.76 | -0.285% |
STHS Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 16, 2024 | May 16, 2024 | May 31, 2024 | £0.0528 | 0.602% |
2 | Apr 18, 2024 | Apr 18, 2024 | Apr 30, 2024 | £0.0531 | 0.607% |
3 | Mar 21, 2024 | Mar 21, 2024 | Mar 28, 2024 | £0.0642 | 0.724% |
4 | Feb 15, 2024 | Feb 15, 2024 | Feb 29, 2024 | £0.0528 | 0.596% |
5 | Jan 18, 2024 | Jan 18, 2024 | Jan 31, 2024 | £0.0484 | 0.543% |
FAQ
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