Smartshares US Equities ESG ETF Stock Forecast
Green day on Thursday for Smartshares US Equities ESG ETF stock after gaining 0.374%
(Updated on May 09, 2024)
The Smartshares US Equities ESG ETF stock price gained 0.374% on the last trading day (Thursday, 9th May 2024), rising from $4.01 to $4.03. It has now gained 4 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 stock fluctuated 0.650% from a day low at $4.00 to a day high of $4.03. The price has risen in 6 of the last 10 days and is up by 0.93% 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, 23 thousand more shares were traded than the day before. In total, 31 thousand shares were bought and sold for approximately $125.61 thousand.
The stock 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 stock is expected to rise 4.79% during the next 3 months and, with a 90% probability hold a price between $4.13 and $4.38 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
USA.NZ Signals & Forecast
Mostly positive signals in the chart today. The Smartshares US Equities ESG ETF stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $3.99 and $4.01. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 26, 2024, and so far it has risen 3.02%. 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). Smartshares US Equities ESG ETF 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. Higher liquidity also reduces the general risk. The stock had a Golden Star Signal on Tuesday, May 07, 2024 in the short-term chart.
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 stock in question.
Golden Star
The stock had a Golden Star Signal on Tuesday, May 07, 2024 in the short-term chart.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 stock in question.
Support, Risk & Stop-loss for Smartshares US Equities ESG ETF stock
Smartshares US Equities ESG ETF finds support from accumulated volume at $3.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0260 between high and low, or 0.650%. For the last week the stock has had daily average volatility of 0.683%.
Our recommended stop-loss: $3.82 (-5.14%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (USA.NZ) For The Upcoming Trading Day Of Friday 10th
For the upcoming trading day on Friday, 10th we expect Smartshares US Equities ESG ETF to open at $4.02, and during the day (based on 14 day Average True Range), to move between $3.98 and $4.07, which gives a possible trading interval of +/-$0.0463 (+/-1.15%) up or down from last closing price. If Smartshares US Equities ESG ETF takes out the full calculated possible swing range there will be an estimated 2.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $4.04 (0.37%) than the support at $3.98 (1.24%), 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 Smartshares US Equities ESG ETF stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Smartshares US Equities ESG ETF stock to perform well in the short-term.
Current score: 3.759 Buy Candidate Unchanged
Predicted Opening Price for Smartshares US Equities ESG ETF of Friday, May 10, 2024
| Fair opening price May 10, 2024 | Current price |
|---|---|
| $4.02 ( 0.215%) | $4.03 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for USA.NZ
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.04 | 0.431 % | |
| R2 | 4.03 | 0.184 % | ||
| R1 | 4.03 | 0.0314 % | ||
| Current price: | 4.03 | |||
| Support | S1 | 4.01 | -0.462 % | |
| S2 | 4.00 | -0.614 % | ||
| S3 | 3.99 | -0.86 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 4.08 | 1.34 % | |
| R2 | 4.07 | 1.09 % | ||
| R1 | 4.04 | 0.373 % | ||
| Current price | 4.03 | |||
| Support | S1 | 3.98 | -1.24% | |
| S2 | 3.97 | -1.39% | ||
| S3 | 3.86 | -4.07% |
USA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 29, 2023 | Nov 29, 2023 | Dec 20, 2023 | $0.0521 | 1.46% |
FAQ
Click here for our free guide on how to buy Smartshares US Equities ESG ETF Stock.
