VictoryShares USAA MSCI USA Value ETF Forecast
VictoryShares USAA MSCI USA Value ETF price up 0.100% on Thursday
(Updated on Jun 20, 2024)
The VictoryShares USAA MSCI USA Value ETF price gained 0.100% on the last trading day (Thursday, 20th Jun 2024), rising from $75.11 to $75.19. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.133% from a day low at $75.09 to a day high of $75.19. The price has been going up and down for this period, and there has been a 0.35% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 774 more shares were traded than the day before. In total, 863 shares were bought and sold for approximately $64.89 thousand.
The ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $75.84 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect VictoryShares USAA MSCI USA Value ETF with a 90% probability to be traded between $72.47 and $76.38 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.
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ULVM Signals & Forecast
The VictoryShares USAA MSCI USA Value 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 $74.70 and $74.59. A breakdown below any of these levels will issue sell signals. VictoryShares USAA MSCI USA Value 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. 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, May 15, 2024, and so far it has fallen -0.586%. 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).
Support, Risk & Stop-loss for VictoryShares USAA MSCI USA Value ETF
VictoryShares USAA MSCI USA Value finds support from accumulated volume at $74.93 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 $0.1000 between high and low, or 0.133%. For the last week the ETF has had daily average volatility of 0.343%.
Our recommended stop-loss: $72.09 (-4.13%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 43 days ago.)
Trading Expectations (ULVM) For The Upcoming Trading Day Of Friday 21st
For the upcoming trading day on Friday, 21st we expect VictoryShares USAA MSCI USA Value Momentum ETF to open at $75.16, and during the day (based on 14 day Average True Range), to move between $74.76 and $75.62, which gives a possible trading interval of +/-$0.427 (+/-0.57%) up or down from last closing price. If VictoryShares USAA MSCI USA Value Momentum ETF takes out the full calculated possible swing range there will be an estimated 1.14% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $75.42 (0.31%) than the support at $74.93 (0.34%), 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 VictoryShares USAA MSCI USA Value Momentum ETF 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 VictoryShares USAA MSCI USA Value ETF to perform well in the short-term period.
Current score: 1.546 Buy Candidate Unchanged
Predicted Opening Price for VictoryShares USAA MSCI USA Value Momentum ETF of Friday, June 21, 2024
| Fair opening price June 21, 2024 | Current price |
|---|---|
| $75.16 ( 0.0443%) | $75.19 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ULVM
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 75.26 | 0.0887% |
| R2 | 75.22 | 0.0379% |
| R1 | 75.19 | 0.0065% |
| Price | 75.19 | |
| S1 | 75.12 | -0.0951% |
| S2 | 75.09 | -0.127% |
| S3 | 75.06 | -0.177% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 75.70 | 0.681% |
| R2 | 75.68 | 0.650% |
| R1 | 75.42 | 0.312% |
| Price | 75.19 | |
| S1 | 74.93 | -0.345% |
| S2 | 74.83 | -0.474% |
| S3 | 74.19 | -1.32% |
ULVM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 09, 2024 | May 13, 2024 | $0.0097 | 0.0130% |
| 2 | Apr 11, 2024 | Apr 11, 2024 | Apr 15, 2024 | $0.162 | 0.224% |
| 3 | Mar 11, 2024 | Mar 11, 2024 | Mar 13, 2024 | $0.111 | 0.151% |
| 4 | Feb 08, 2024 | Feb 09, 2024 | Feb 13, 2024 | $0.0381 | 0.0551% |
| 5 | Jan 10, 2024 | Jan 11, 2024 | Jan 16, 2024 | $0.0204 | 0.0299% |
FAQ
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