Ubs (lux) Fund Solutions – Bloomberg ETF Forecast
Ubs (lux) Fund Solutions – Bloomberg ETF upgraded from Hold/Accumulate to Buy Candidate after Tuesday trading session.
(Updated on Jun 25, 2024)
The Ubs (lux) Fund Solutions – Bloomberg ETF price gained 0.112% on the last trading day (Tuesday, 25th Jun 2024), rising from 10.30€ to 10.31€. During the last trading day the ETF fluctuated 0.102% from a day low at 10.30€ to a day high of 10.31€. The price has risen in 7 of the last 10 days and is up by 0.56% 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, 499 more shares were traded than the day before. In total, 1 thousand shares were bought and sold for approximately 14.90€ thousand.
The ETF has broken the narrow and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. 10.29€ is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the ETF is predicted to reach 10.35€ sometime during the next 3 months.
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UIQL.F Signals & Forecast
Mostly positive signals in the chart today. The Ubs (lux) Fund Solutions – Bloomberg 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 10.30€ and 10.26€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 10, 2024, and so far it has risen 0.684%. 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). Ubs (lux) Fund Solutions – Bloomberg has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Friday, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 03, 2024.
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
The ETF had a Golden Star Signal on Friday, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 03, 2024.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 Friday, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, May 03, 2024.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 10.29€ 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 0.0105€ between high and low, or 0.102%. For the last week the ETF has had daily average volatility of 0.100%.
Our recommended stop-loss: 9.46€ (-8.22%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 14 days ago.)
Trading Expectations (UIQL.F) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ubs (lux) Fund Solutions – Bloomberg Msci Euro Area Liquid Corporates 1-5 Year Sustainable Ucits Etf to open at 10.31€, and during the day (based on 14 day Average True Range), to move between 10.30€ and 10.33€, which gives a possible trading interval of +/-0.0151€ (+/-0.15%) up or down from last closing price. If Ubs (lux) Fund Solutions – Bloomberg Msci Euro Area Liquid Corporates 1-5 Year Sustainable Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.29% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ 10.29€, some 0.0185€ (0.18%) from the current price of 10.31€, our system finds the risk reward attractive.
Is Ubs (lux) Fund Solutions – Bloomberg Msci Euro Area Liquid Corporates 1-5 Year Sustainable Ucits Etf ETF A Buy?
Several short-term signals are positive and the ETF has broken the horizontal trend up, which indicates an even stronger rate of rising. 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 3.509 Buy Candidate Upgraded
Predicted Opening Price for Ubs (lux) Fund Solutions – Bloomberg Msci Euro Area Liquid Corporates 1-5 Year Sustainable Ucits Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| 10.31€ ( 0.0113%) | 10.31€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for UIQL.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 10.32 | 0.0905% |
| R2 | 10.32 | 0.0516% |
| R1 | 10.31 | 0.0276% |
| Price | 10.31 | |
| S1 | 10.31 | -0.0502% |
| S2 | 10.30 | -0.0742% |
| S3 | 10.30 | -0.113% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 10.31 | |
| S1 | 10.29 | -0.179% |
| S2 | 10.28 | -0.315% |
| S3 | 10.21 | -0.98% |
UIQL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 01, 2024 | Feb 01, 2024 | Feb 07, 2024 | 0.173€ | 0% |
| 2 | Jul 31, 2023 | Jul 31, 2023 | Aug 04, 2023 | 0.130€ | 0% |
| 3 | Feb 01, 2023 | Feb 01, 2023 | Feb 06, 2023 | 0.0841€ | 0% |
| 4 | Aug 01, 2022 | Aug 01, 2022 | Aug 04, 2022 | 0.0177€ | 0% |
| 5 | Jul 31, 2019 | Jul 31, 2019 | Aug 06, 2019 | 0.0079€ | 0% |
FAQ
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