VictoryShares USAA MSCI USA Value 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
VictoryShares USAA MSCI USA Value ETF price down 0% on Wednesday
(Updated on Jul 03, 2024)
No changes to the price of VictoryShares USAA MSCI USA Value ETF on the last trading day (Wednesday, 3rd Jul 2024). During the last trading day the ETF fluctuated 0% from a day low at $74.84 to a day high of $74.84. The price has fallen in 5 of the last 10 days and is down by -0.36% for this period.
The ETF lies in the middle of a narrow and 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 2.63% during the next 3 months and, with a 90% probability hold a price between $75.16 and $78.69 at the end of this 3-month period.
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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
| Fair opening price July 5, 2024 | Current price |
|---|---|
| $74.84 ( 0%) | $74.84 |
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 | 74.84 | - |
| R2 | 74.84 | - |
| R1 | 74.84 | - |
| Price | 74.84 | |
| S1 | 74.84 | - |
| S2 | 74.84 | - |
| S3 | 74.84 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 75.19 | 0.465% |
| R2 | 74.94 | 0.125% |
| R1 | 74.93 | 0.119% |
| Price | 74.84 | |
| S1 | 74.19 | -0.87% |
| S2 | 73.19 | -2.21% |
| S3 | 72.47 | -3.16% |
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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