Ubs(lux)fund Solutions – Bloomberg ETF Forecast
Ubs(lux)fund Solutions – Bloomberg ETF price up 0.0543% on Wednesday
(Updated on Jun 19, 2024)
The Ubs(lux)fund Solutions – Bloomberg ETF price gained 0.0543% on the last trading day (Wednesday, 19th Jun 2024), rising from £13.81 to £13.81. During the last trading day the ETF fluctuated 0% from a day low at £13.81 to a day high of £13.81. The price has risen in 5 of the last 10 days and is up by 0.16% over the past 2 weeks. Volume fell on the last day by -368 shares and in total, 0 shares were bought and sold for approximately £0 . 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 narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Ubs(lux)fund Solutions – Bloomberg ETF with a 90% probability to be traded between £13.85 and £14.04 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
UC86.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 £13.82. On a fall, the ETF will find some support from the long-term average at approximately £13.74. 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). 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 Wednesday, June 12, 2024, and so far it has fallen -0.253%. Further fall is indicated until a new bottom pivot has been found. 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 not be. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Monday, June 03, 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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Monday, June 03, 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 Ubs(lux)fund Solutions – Bloomberg ETF
Ubs(lux)fund Solutions – Bloomberg finds support from accumulated volume at £13.70 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 0.115%
Our recommended stop-loss: £13.35 (-3.37%) (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 (UC86.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Ubs(lux)fund Solutions – Bloomberg Barclays Us Liquid Corporates 1-5 Year Ucits Etf(usd)a-dis to open at £13.81, and during the day (based on 14 day Average True Range), to move between £13.78 and £13.84, which gives a possible trading interval of +/-£0.0288 (+/-0.21%) up or down from last closing price. If Ubs(lux)fund Solutions – Bloomberg Barclays Us Liquid Corporates 1-5 Year Ucits Etf(usd)a-dis takes out the full calculated possible swing range there will be an estimated 0.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £13.82 (0.05%) than the support at £13.70 (0.81%), 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(lux)fund Solutions – Bloomberg Barclays Us Liquid Corporates 1-5 Year Ucits Etf(usd)a-dis ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Ubs(lux)fund Solutions – Bloomberg ETF to perform well in the short-term period.
Current score: 1.372 Buy Candidate Unchanged
Predicted Opening Price for Ubs(lux)fund Solutions – Bloomberg Barclays Us Liquid Corporates 1-5 Year Ucits Etf(usd)a-dis of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| £13.81 ( 0%) | £13.81 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UC86.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.81 | - |
| R2 | 13.81 | - |
| R1 | 13.81 | - |
| Price | 13.81 | |
| S1 | 13.81 | - |
| S2 | 13.81 | - |
| S3 | 13.81 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 13.85 | 0.253% |
| R2 | 13.83 | 0.127% |
| R1 | 13.82 | 0.0543% |
| Price | 13.81 | |
| S1 | 13.70 | -0.81% |
| S2 | 13.67 | -1.03% |
| S3 | 13.64 | -1.25% |
FAQ
Click here for our free guide on how to buy Ubs(lux)fund Solutions – Bloomberg Barclays Us Liquid Corporates 1-5 Year Ucits Etf(usd)a-dis ETF.
