Ishares Vii Plc - Ishares Msci Emu Small ETF Forecast

Ishares Vii Plc - Ishares Msci Emu Small ETF downgraded to Sell Candidate
(Updated on Jun 28, 2024)

SXRJ.F Signals & Forecast

There are few to no technical positive signals at the moment. The Ishares Vii Plc - Ishares Msci Emu Small 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 275.21€ and 284.04€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 27, 2024, and so far it has fallen -6.97%. 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 rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Tuesday, July 11, 2023 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 Vii Plc - Ishares Msci Emu Small ETF

Ishares Vii Plc - Ishares Msci Emu Small finds support from accumulated volume at 271.20€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved 2.20€ (0.81%) between high and low. For the last week, the ETF has had daily average volatility of 1.20%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SXRJ.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ishares Vii Plc - Ishares Msci Emu Small Cap Ucits Etf Eur (acc) to open at 272.20€, and during the day (based on 14 day Average True Range), to move between 268.33€ and 275.07€, which gives a possible trading interval of +/-3.37€ (+/-1.24%) up or down from last closing price. If Ishares Vii Plc - Ishares Msci Emu Small Cap Ucits Etf Eur (acc) takes out the full calculated possible swing range there will be an estimated 2.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 271.20€ (0.18%) than the resistance at 272.50€ (0.29%), 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 Vii Plc - Ishares Msci Emu Small Cap Ucits Etf Eur (acc) ETF A Buy?

The Ishares Vii Plc - Ishares Msci Emu Small ETF holds several negative signals and despite the positive trend, we believe Ishares Vii Plc - Ishares Msci Emu Small will perform weakly in the next couple of days or weeks. Therefore, we 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: -1.564 Sell Candidate Downgraded

Predicted Opening Price for Ishares Vii Plc - Ishares Msci Emu Small Cap Ucits Etf Eur (acc) of Monday, July 1, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.