Ubs (irl) Etf Plc - Msci Usa Hedged To ETF Forecast
Evaluation of Ubs (irl) Etf Plc - Msci Usa Hedged To ETF downgraded after the last trading session.
(Updated on Jun 21, 2024)
The Ubs (irl) Etf Plc - Msci Usa Hedged To ETF price fell by -0.574% on the last day (Friday, 21st Jun 2024) from 40.98 Fr to 40.74 Fr. During the last trading day the ETF fluctuated 0.418% from a day low at 40.69 Fr to a day high of 40.86 Fr. The price has risen in 7 of the last 10 days and is up by 1.9% over the past 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 11 thousand shares were bought and sold for approximately 468.47 Fr thousand.
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 3.83% during the next 3 months and, with a 90% probability hold a price between 41.58 Fr and 42.62 Fr at the end of this 3-month period.
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USCHWH.SW Signals & Forecast
The Ubs (irl) Etf Plc - Msci Usa Hedged To 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 40.69 Fr and 40.03 Fr. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -0.574%. Further fall is indicated until a new bottom pivot has been found. Ubs (irl) Etf Plc - Msci Usa Hedged To gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".
Support, Risk & Stop-loss for Ubs (irl) Etf Plc - Msci Usa Hedged To ETF
Ubs (irl) Etf Plc - Msci Usa Hedged To finds support from accumulated volume at 40.43 Fr 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 0.170 Fr between high and low, or 0.418%. For the last week the ETF has had daily average volatility of 0.282%.
Our recommended stop-loss: 39.67 Fr (-2.62%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 15 days ago.)
Trading Expectations (USCHWH.SW) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Ubs (irl) Etf Plc - Msci Usa Hedged To Chf Ucits Etf to open at 40.76 Fr, and during the day (based on 14 day Average True Range), to move between 40.46 Fr and 41.02 Fr, which gives a possible trading interval of +/-0.284 Fr (+/-0.70%) up or down from last closing price. If Ubs (irl) Etf Plc - Msci Usa Hedged To Chf Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.39% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 40.82 Fr (0.18%) than the support at 40.43 Fr (0.77%), 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 Ubs (irl) Etf Plc - Msci Usa Hedged To Chf Ucits Etf ETF A Buy?
Ubs (irl) Etf Plc - Msci Usa Hedged To holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.
Current score: -0.154 Hold/Accumulate Downgraded
Predicted Opening Price for Ubs (irl) Etf Plc - Msci Usa Hedged To Chf Ucits Etf of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| 40.76 Fr ( 0.0491%) | 40.74 Fr |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for USCHWH.SW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.93 | 0.466% |
| R2 | 40.87 | 0.307% |
| R1 | 40.82 | 0.208% |
| Price | 40.74 | |
| S1 | 40.70 | -0.110% |
| S2 | 40.65 | -0.209% |
| S3 | 40.59 | -0.368% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 40.98 | 0.577% |
| R2 | 40.94 | 0.479% |
| R1 | 40.82 | 0.184% |
| Price | 40.74 | |
| S1 | 40.43 | -0.773% |
| S2 | 39.97 | -1.89% |
| S3 | 39.70 | -2.57% |
FAQ
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