TrimTabs All Cap International ETF Forecast

Red day on Friday for TrimTabs All Cap International
(Updated on May 31, 2024)

TTAI Signals & Forecast

The TrimTabs All Cap International ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $30.18. On a fall, the ETF will find some support from the long-term average at approximately $29.56. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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 Monday, May 20, 2024, and so far it has fallen -1.66%. 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 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. The ETF had a Golden Star Signal on Thursday, May 02, 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 TrimTabs All Cap International ETF

TrimTabs All Cap International finds support from accumulated volume at $29.69 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 0.319%

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

Trading Expectations (TTAI) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect TrimTabs All Cap International Free-Cash-Flow ETF to open at $29.98, and during the day (based on 14 day Average True Range), to move between $29.80 and $30.17, which gives a possible trading interval of +/-$0.183 (+/-0.61%) up or down from last closing price. If TrimTabs All Cap International Free-Cash-Flow ETF takes out the full calculated possible swing range there will be an estimated 1.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $30.03 (0.15%) than the support at $29.69 (0.98%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is TrimTabs All Cap International Free-Cash-Flow ETF ETF A Buy?

TrimTabs All Cap International holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -1.257 Sell Candidate Unchanged

Predicted Opening Price for TrimTabs All Cap International Free-Cash-Flow ETF of Monday, June 3, 2024

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