Wisdomtree 7-10 Year Laddered Treasury Trust Forecast

Red day on Friday for Wisdomtree 7-10 Year Laddered Treasury trust after losing 0.525%
(Updated on Jun 28, 2024)

USIN Signals & Forecast

The Wisdomtree 7-10 Year Laddered Treasury trust holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $49.68 and $49.34. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -1.36%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this trust may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. Some positive signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The trust had a Golden Star Signal on Tuesday, May 14, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, June 03, 2024.

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 trust in question.

Support, Risk & Stop-loss for Wisdomtree 7-10 Year Laddered Treasury trust

Wisdomtree 7-10 Year Laddered Treasury finds support from accumulated volume at $49.08 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust 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 trust During the last day, the trust moved $0 between high and low, or 0%. For the last week the trust has had daily average volatility of 0.0323%

Our recommended stop-loss: $47.36 (-3.95%) (This trust has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)

Trading Expectations (USIN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Wisdomtree 7-10 Year Laddered Treasury Fund to open at $49.31, and during the day (based on 14 day Average True Range), to move between $49.10 and $49.52, which gives a possible trading interval of +/-$0.205 (+/-0.42%) up or down from last closing price. If Wisdomtree 7-10 Year Laddered Treasury Fund takes out the full calculated possible swing range there will be an estimated 0.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $49.08 (0.47%) than the resistance at $49.66 (0.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Wisdomtree 7-10 Year Laddered Treasury Fund trust A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 1.041 Buy Candidate Unchanged

Predicted Opening Price for Wisdomtree 7-10 Year Laddered Treasury Fund of Monday, July 1, 2024

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