Ubs (lux) Fund Solutions – Msci Emu ETF Forecast

Ubs (lux) Fund Solutions – Msci Emu ETF price down 0.0989% on Friday
(Updated on Jun 28, 2024)

UEFD.F Signals & Forecast

There are few to no technical positive signals at the moment. The Ubs (lux) Fund Solutions – Msci Emu 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 122.36€ and 126.06€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 27, 2024, and so far it has fallen -6.14%. 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 ETF had a Golden Star Signal on Tuesday, July 11, 2023 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 – Msci Emu ETF

Ubs (lux) Fund Solutions – Msci Emu finds support from accumulated volume at 120.82€ 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 controlled movements and therefore the general risk is considered 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 1.02€ between high and low, or 0.84%. For the last week the ETF has had daily average volatility of 1.24%.

Our recommended stop-loss: 113.48€ (-6.34%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 52 days ago.)

Trading Expectations (UEFD.F) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ubs (lux) Fund Solutions – Msci Emu Small Cap Ucits Etf to open at 121.21€, and during the day (based on 14 day Average True Range), to move between 119.71€ and 122.61€, which gives a possible trading interval of +/-1.45€ (+/-1.20%) up or down from last closing price. If Ubs (lux) Fund Solutions – Msci Emu Small Cap Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 120.82€ (0.28%) than the resistance at 122.44€ (1.06%), 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 – Msci Emu Small Cap Ucits Etf ETF A Buy?

Ubs (lux) Fund Solutions – Msci Emu holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.071 Hold/Accumulate Unchanged

Predicted Opening Price for Ubs (lux) Fund Solutions – Msci Emu Small Cap Ucits Etf of Monday, July 1, 2024

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