Motley Fool Small-cap Growth Etf ETF Forecast
Motley Fool Small-cap Growth Etf ETF price up 0.0676% on Tuesday
(Updated on Jun 18, 2024)
The Motley Fool Small-cap Growth Etf ETF price gained 0.0676% on the last trading day (Tuesday, 18th Jun 2024), rising from $30.31 to $30.33. During the last trading day the ETF fluctuated 1.09% from a day low at $30.16 to a day high of $30.49. The price has been going up and down for this period, and there has been a -0.75% loss for the last 2 weeks. Volume fell on the last day by -5 thousand shares and in total, 9 thousand shares were bought and sold for approximately $259.14 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
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 Motley Fool Small-cap Growth Etf ETF with a 90% probability to be traded between $29.05 and $31.63 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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TMFS Signals & Forecast
There are few to no technical positive signals at the moment. The Motley Fool Small-cap Growth Etf 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 $30.50 and $30.81. 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 20, 2024, and so far it has fallen -3.93%. 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 during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Support, Risk & Stop-loss for Motley Fool Small-cap Growth Etf ETF
Motley Fool Small-cap Growth Etf finds support from accumulated volume at $30.31 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 $0.330 between high and low, or 1.09%. For the last week the ETF has had daily average volatility of 0.81%
Our recommended stop-loss: $28.70 (-5.39%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 42 days ago.)
Trading Expectations (TMFS) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Motley Fool Small-cap Growth Etf to open at $30.33, and during the day (based on 14 day Average True Range), to move between $29.94 and $30.72, which gives a possible trading interval of +/-$0.391 (+/-1.29%) up or down from last closing price. If Motley Fool Small-cap Growth Etf takes out the full calculated possible swing range there will be an estimated 2.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $30.31 (0.07%) than the resistance at $30.72 (1.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Motley Fool Small-cap Growth Etf ETF A Buy?
Motley Fool Small-cap Growth Etf holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.538 Hold/Accumulate Unchanged
Predicted Opening Price for Motley Fool Small-cap Growth Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| $30.33 ( 0.0121%) | $30.33 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TMFS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.66 | 1.08% |
| R2 | 30.53 | 0.660% |
| R1 | 30.45 | 0.404% |
| Price | 30.33 | |
| S1 | 30.20 | -0.428% |
| S2 | 30.12 | -0.684% |
| S3 | 30.00 | -1.10% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 31.51 | 3.89% |
| R2 | 30.86 | 1.75% |
| R1 | 30.72 | 1.29% |
| Price | 30.33 | |
| S1 | 30.31 | -0.0676% |
| S2 | 29.76 | -1.88% |
| S3 | 29.25 | -3.56% |
TMFS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 13, 2023 | Dec 13, 2023 | Dec 15, 2023 | $0.0008 | 0.0026% |
| 2 | Dec 13, 2022 | Dec 14, 2022 | Dec 16, 2022 | $0.0820 | 0.333% |
| 3 | Dec 15, 2021 | Dec 15, 2021 | Dec 17, 2021 | $0.87 | 2.50% |
| 4 | Dec 16, 2020 | Dec 16, 2020 | Dec 18, 2020 | $2.15 | 5.51% |
| 5 | Dec 18, 2019 | Dec 18, 2019 | Dec 20, 2019 | $0.341 | 1.33% |
FAQ
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