Ubs (lux) Fund Solutions - Bloomberg ETF Forecast
Ubs (lux) Fund Solutions - Bloomberg ETF price up 0.132% on Friday
(Updated on Jun 28, 2024)
The Ubs (lux) Fund Solutions - Bloomberg ETF price gained 0.132% on the last trading day (Friday, 28th Jun 2024), rising from £844.13 to £845.25. During the last trading day the ETF fluctuated 0.264% from a day low at £845.00 to a day high of £847.23. The price has risen in 5 of the last 10 days and is up by 1.12% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 39 thousand more shares were traded than the day before. In total, 39 thousand shares were bought and sold for approximately £32.76 million.
The ETF lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £853.00 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 4.06% during the next 3 months and, with a 90% probability hold a price between £844.06 and £887.61 at the end of this 3-month period.
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UBTL.L Signals & Forecast
The Ubs (lux) Fund Solutions - Bloomberg 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 £846.18. On a fall, the ETF will find some support from the long-term average at approximately £829.91. 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. 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. A sell signal was issued from a pivot top point on Friday, June 21, 2024, and so far it has fallen -0.646%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Ubs (lux) Fund Solutions - Bloomberg ETF
Ubs (lux) Fund Solutions - Bloomberg finds support from accumulated volume at £844.13 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 £2.23 between high and low, or 0.264%. For the last week the ETF has had daily average volatility of 0.378%.
Our recommended stop-loss: £812.12 (-3.92%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 20 days ago.)
Trading Expectations (UBTL.L) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ubs (lux) Fund Solutions - Bloomberg Barclays Tips 10+ Ucits Etf to open at £845.83, and during the day (based on 14 day Average True Range), to move between £838.82 and £851.68, which gives a possible trading interval of +/-£6.43 (+/-0.76%) up or down from last closing price. If Ubs (lux) Fund Solutions - Bloomberg Barclays Tips 10+ Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.52% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £844.13 (0.13%) than the resistance at £846.50 (0.15%), 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 (lux) Fund Solutions - Bloomberg Barclays Tips 10+ Ucits Etf ETF A Buy?
Ubs (lux) Fund Solutions - Bloomberg holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Ubs (lux) Fund Solutions - Bloomberg Barclays Tips 10+ Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
£845.83 ( 0.0682%) | £845.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UBTL.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 848.06 | 0.332% |
R2 | 847.20 | 0.231% |
R1 | 846.68 | 0.169% |
Price | 845.25 | |
S1 | 844.97 | -0.0326% |
S2 | 844.45 | -0.0948% |
S3 | 843.60 | -0.196% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 850.75 | 0.651% |
R2 | 848.50 | 0.385% |
R1 | 846.50 | 0.148% |
Price | 845.25 | |
S1 | 844.13 | -0.132% |
S2 | 840.13 | -0.606% |
S3 | 816.88 | -3.36% |
UBTL Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 01, 2024 | Feb 01, 2024 | Feb 07, 2024 | £20.50 | 2.45% |
2 | Jul 31, 2023 | Jul 31, 2023 | Aug 04, 2023 | £21.49 | 2.51% |
3 | Feb 01, 2023 | Feb 01, 2023 | Feb 06, 2023 | £35.03 | 3.56% |
4 | Aug 01, 2022 | Aug 01, 2022 | Aug 04, 2022 | £47.82 | 4.25% |
5 | Feb 01, 2022 | Feb 01, 2022 | Feb 04, 2022 | £33.15 | 2.77% |
FAQ
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