Ubs Etf Sicav - Msci Pacific (ex Japan) ETF Forecast

Ubs Etf Sicav - Msci Pacific (ex Japan) ETF price down 0% on Thursday
(Updated on Jun 27, 2024)

UB20.L Signals & Forecast

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. The Ubs Etf Sicav - Msci Pacific (ex Japan) 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 £3,380.90 and £3,387.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.765%. 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, June 18, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, December 11, 2023.

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 Ubs Etf Sicav - Msci Pacific (ex Japan) ETF

Ubs Etf Sicav - Msci Pacific (ex Japan) finds support from accumulated volume at £3,370.50 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 0.387%

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

Trading Expectations (UB20.L) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect Ubs Etf Sicav - Msci Pacific (ex Japan) Ucits Etf to open at £3,372.00, and during the day (based on 14 day Average True Range), to move between £3,348.93 and £3,395.07, which gives a possible trading interval of +/-£23.07 (+/-0.68%) up or down from last closing price. If Ubs Etf Sicav - Msci Pacific (ex Japan) Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £3,370.50 (0.04%) than the resistance at £3,381.50 (0.28%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ubs Etf Sicav - Msci Pacific (ex Japan) Ucits Etf ETF A Buy?

The Ubs Etf Sicav - Msci Pacific (ex Japan) ETF holds several negative signals and despite the positive trend, we believe Ubs Etf Sicav - Msci Pacific (ex Japan) will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.312 Sell Candidate Unchanged

Predicted Opening Price for Ubs Etf Sicav - Msci Pacific (ex Japan) Ucits Etf of Friday, June 28, 2024

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