Ishares Us Aggregate Bond Ucits Etf Usd ETF Forecast
Ishares Us Aggregate Bond Ucits Etf Usd ETF price down 0% on Friday
(Updated on Jun 28, 2024)
No changes to the price of Ishares Us Aggregate Bond Ucits Etf Usd ETF on the last trading day (Friday, 28th Jun 2024). During the last trading day the ETF fluctuated 0% from a day low at £73.00 to a day high of £73.00. The price has been going up and down for this period, and there has been a -0.03% loss for the last 2 weeks.
The ETF has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. £72.93 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the ETF is predicted to reach £75.32 sometime during the next 3 months.
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SUAG.L Signals & Forecast
The Ishares Us Aggregate Bond Ucits Etf Usd 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 £72.97 and £72.37. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Friday, June 21, 2024, and so far it has fallen -0.0548%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Tuesday, March 19, 2024 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 ETF in question.
Golden Star 12 Months
The ETF had a Golden Star Signal on Tuesday, March 19, 2024 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 ETF in question.
Support, Risk & Stop-loss for Ishares Us Aggregate Bond Ucits Etf Usd ETF
Ishares Us Aggregate Bond Ucits Etf Usd finds support from accumulated volume at £72.88 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.0759%
The Ishares Us Aggregate Bond Ucits Etf Usd ETF is extremely overbought on RSI14 (81). Normally this may pose a good selling opportunity but since the ETF has broken the trend up, the chance for a major correction due to high RSI is very small as the ETF will find support at the trend broken.
Our recommended stop-loss: £70.53 (-3.38%) (This ETF has low daily movements and this gives low risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from a pivot top found 21 days ago.)
Trading Expectations (SUAG.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ishares Us Aggregate Bond Ucits Etf Usd (dist) to open at £73.00, and during the day (based on 14 day Average True Range), to move between £72.80 and £73.20, which gives a possible trading interval of +/-£0.199 (+/-0.27%) up or down from last closing price. If Ishares Us Aggregate Bond Ucits Etf Usd (dist) takes out the full calculated possible swing range there will be an estimated 0.55% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £72.88 (0.16%) than the resistance at £73.27 (0.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ishares Us Aggregate Bond Ucits Etf Usd (dist) ETF A Buy?
Ishares Us Aggregate Bond Ucits Etf Usd 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 Us Aggregate Bond Ucits Etf Usd (dist) of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
£73.00 ( 0%) | £73.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SUAG.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 73.00 | - |
R2 | 73.00 | - |
R1 | 73.00 | - |
Price | 73.00 | |
S1 | 73.00 | - |
S2 | 73.00 | - |
S3 | 73.00 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 73.64 | 0.88% |
R2 | 73.45 | 0.616% |
R1 | 73.27 | 0.370% |
Price | 73.00 | |
S1 | 72.88 | -0.164% |
S2 | 72.85 | -0.205% |
S3 | 72.09 | -1.25% |
SUAG Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 16, 2024 | May 16, 2024 | May 30, 2024 | £1.29 | 1.82% |
2 | Nov 16, 2023 | Nov 16, 2023 | Nov 29, 2023 | £1.24 | 1.72% |
3 | May 19, 2023 | May 19, 2023 | May 30, 2023 | £1.05 | 1.40% |
4 | Nov 17, 2022 | Nov 17, 2022 | Nov 30, 2022 | £0.89 | 1.16% |
5 | May 12, 2022 | May 12, 2022 | May 25, 2022 | £0.743 | 0.95% |
FAQ
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