VictoryShares USAA MSCI USA Value ETF Forecast

VictoryShares USAA MSCI USA Value ETF price down 0% on Wednesday
(Updated on Jul 03, 2024)

ULVM Signals & Forecast

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. The VictoryShares USAA MSCI USA Value 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 $74.84 and $74.89. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.98%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for VictoryShares USAA MSCI USA Value ETF

VictoryShares USAA MSCI USA Value finds support from accumulated volume at $74.19 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 0.184%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ULVM) For The Upcoming Trading Day Of Friday 5th

For the upcoming trading day on Friday, 5th we expect VictoryShares USAA MSCI USA Value Momentum ETF to open at $74.84, and during the day (based on 14 day Average True Range), to move between $74.48 and $75.20, which gives a possible trading interval of +/-$0.359 (+/-0.48%) 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 0.96% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $74.93 (0.12%) than the support at $74.19 (0.87%), 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?

The VictoryShares USAA MSCI USA Value ETF holds several negative signals and despite the positive trend, we believe VictoryShares USAA MSCI USA Value will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -1.111 Sell Candidate Unchanged

Predicted Opening Price for VictoryShares USAA MSCI USA Value Momentum ETF of Friday, July 5, 2024

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