Ubs (irl) Fund Solutions Plc - Msci Ac ETF Forecast

Weaker technical forecast for Ubs (irl) Fund Solutions Plc - Msci Ac as ETF downgraded to Buy Candidate.
(Updated on Jun 19, 2024)

UC48.L Signals & Forecast

The Ubs (irl) Fund Solutions Plc - Msci Ac ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £13,199.14 and £13,090.81. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, June 18, 2024, and so far it has fallen -0.599%. Further fall is indicated until a new bottom pivot has been found. 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 Monday, April 22, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, October 10, 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 (irl) Fund Solutions Plc - Msci Ac ETF

On the downside, the ETF finds support just below today's level from accumulated volume at £12,433.00 and £12,373.00. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Ubs (irl) Fund Solutions Plc - Msci Ac finds support just below today's level at £12,433.00. If this is broken, then the next support from accumulated volume will be at £12,373.00 and £12,228.50.

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 0.0539%

Our recommended stop-loss: £12,777.71 (-3.77%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (UC48.L) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Ubs (irl) Fund Solutions Plc - Msci Ac Asia Ex Japan Sf Ucits Etf to open at £13,278.00, and during the day (based on 14 day Average True Range), to move between £13,201.22 and £13,354.78, which gives a possible trading interval of +/-£76.78 (+/-0.58%) up or down from last closing price. If Ubs (irl) Fund Solutions Plc - Msci Ac Asia Ex Japan Sf Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £13,349.50 (0.54%) than the support at £12,433.00 (6.36%), 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 Ubs (irl) Fund Solutions Plc - Msci Ac Asia Ex Japan Sf Ucits Etf ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ubs (irl) Fund Solutions Plc - Msci Ac ETF to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.035 Buy Candidate Downgraded

Predicted Opening Price for Ubs (irl) Fund Solutions Plc - Msci Ac Asia Ex Japan Sf Ucits Etf of Thursday, June 20, 2024

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