iShares ESG MSCI USA Leaders ETF Forecast
iShares ESG MSCI USA Leaders ETF price up 0.84% on Thursday
(Updated on May 02, 2024)
The iShares ESG MSCI USA Leaders ETF price gained 0.84% on the last trading day (Thursday, 2nd May 2024), rising from $89.37 to $90.12. During the last trading day the ETF fluctuated 0.87% from a day low at $89.48 to a day high of $90.26. The price has been going up and down for this period, and there has been a 1.28% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 thousand more shares were traded than the day before. In total, 18 thousand shares were bought and sold for approximately $1.64 million.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect iShares ESG MSCI USA Leaders ETF with a 90% probability to be traded between $89.37 and $95.91 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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SUSL Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The iShares ESG MSCI USA Leaders ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $90.15 and $91.63. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 29, 2024, and so far it has fallen -1.11%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for iShares ESG MSCI USA Leaders ETF
iShares ESG MSCI USA Leaders finds support from accumulated volume at $89.95 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 $0.780 between high and low, or 0.87%. For the last week the ETF has had daily average volatility of 0.97%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (SUSL) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect iShares ESG MSCI USA Leaders ETF to open at $89.95, and during the day (based on 14 day Average True Range), to move between $89.09 and $91.15, which gives a possible trading interval of +/-$1.03 (+/-1.15%) up or down from last closing price. If iShares ESG MSCI USA Leaders ETF takes out the full calculated possible swing range there will be an estimated 2.29% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $89.95 (0.19%) than the resistance at $91.70 (1.75%), 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 ESG MSCI USA Leaders ETF ETF A Buy?
iShares ESG MSCI USA Leaders holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.
Current score: -1.157 Sell Candidate Unchanged
Predicted Opening Price for iShares ESG MSCI USA Leaders ETF of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $89.95 ( 0.185%) | $90.12 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for SUSL
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 90.73 | 0.680 % | |
| R2 | 90.44 | 0.350 % | ||
| R1 | 90.25 | 0.146 % | ||
| Current price: | 90.12 | |||
| Support | S1 | 89.66 | -0.516 % | |
| S2 | 89.47 | -0.720 % | ||
| S3 | 89.17 | -1.05 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 93.34 | 3.57 % | |
| R2 | 92.37 | 2.50 % | ||
| R1 | 91.70 | 1.75 % | ||
| Current price | 90.12 | |||
| Support | S1 | 89.95 | -0.189% | |
| S2 | 89.67 | -0.499% | ||
| S3 | 88.58 | -1.71% |
SUSL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Mar 21, 2024 | Mar 27, 2024 | $0.267 | 0.284% |
| 2 | Dec 19, 2023 | Dec 20, 2023 | Dec 27, 2023 | $0.272 | 0.322% |
| 3 | Sep 25, 2023 | Sep 26, 2023 | Oct 02, 2023 | $0.314 | 0.416% |
| 4 | Jun 06, 2023 | Jun 07, 2023 | Jun 13, 2023 | $0.230 | 0.303% |
| 5 | Mar 22, 2023 | Mar 23, 2023 | Mar 29, 2023 | $0.259 | 0.371% |
FAQ
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