Ubs (lux) Fund Solutions – Msci World ETF Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Ubs (lux) Fund Solutions – Msci World ETF price after Friday trading.
(Updated on Jun 28, 2024)
The Ubs (lux) Fund Solutions – Msci World ETF price gained 0.553% on the last trading day (Friday, 28th Jun 2024), rising from 148.18€ to 149.00€. During the last trading day the ETF fluctuated 0.618% from a day low at 148.78€ to a day high of 149.70€. The price has risen in 7 of the last 10 days and is up by 1.54% 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, 5 thousand more shares were traded than the day before. In total, 14 thousand shares were bought and sold for approximately 2.02€ million.
The ETF lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 5.57% during the next 3 months and, with a 90% probability hold a price between 151.55€ and 159.94€ at the end of this 3-month period.
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UIMM.F Signals & Forecast
Mostly positive signals in the chart today. The Ubs (lux) Fund Solutions – Msci World 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 148.33€ and 145.21€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 8.47%. Further rise is indicated until a new top pivot has been found. 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.
Support, Risk & Stop-loss for Ubs (lux) Fund Solutions – Msci World ETF
Ubs (lux) Fund Solutions – Msci World finds support from accumulated volume at 143.50€ 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved 0.92€ between high and low, or 0.618%. For the last week the ETF has had daily average volatility of 0.549%.
Our recommended stop-loss: 143.73€ (-3.54%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 63 days ago.)
Trading Expectations (UIMM.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Ubs (lux) Fund Solutions – Msci World Socially Responsible Ucits Etf to open at 149.16€, and during the day (based on 14 day Average True Range), to move between 147.92€ and 150.08€, which gives a possible trading interval of +/-1.08€ (+/-0.73%) up or down from last closing price. If Ubs (lux) Fund Solutions – Msci World Socially Responsible Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.46% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 143.50€, some 5.50€ (3.69%) from the current price of 149.00€, our system finds the risk reward attractive.
Is Ubs (lux) Fund Solutions – Msci World Socially Responsible Ucits Etf ETF A Buy?
Ubs (lux) Fund Solutions – Msci World holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 5.434 Strong Buy Candidate Upgraded
Predicted Opening Price for Ubs (lux) Fund Solutions – Msci World Socially Responsible Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 149.16€ ( 0.107%) | 149.00€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UIMM.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 150.08 | 0.725% |
| R2 | 149.73 | 0.489% |
| R1 | 149.51 | 0.343% |
| Price | 149.00 | |
| S1 | 148.81 | -0.128% |
| S2 | 148.59 | -0.274% |
| S3 | 148.24 | -0.510% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 149.00 | |
| S1 | 143.50 | -3.69% |
| S2 | 142.56 | -4.32% |
| S3 | 139.20 | -6.58% |
FAQ
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