VictoryShares USAA MSCI USA Small Cap 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 Small Cap ETF price ended at $77.07 on Wednesday, after losing 0.198%.
(Updated on Jun 26, 2024)
The VictoryShares USAA MSCI USA Small Cap ETF price fell by -0.198% on the last day (Wednesday, 26th Jun 2024) from $77.22 to $77.07. During the last trading day the ETF fluctuated 0.388% from a day low at $76.77 to a day high of $77.07. The price has been going up and down for this period, and there has been a 0.16% gain for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -2 thousand shares and in total, 1 thousand shares were bought and sold for approximately $79.31 thousand.
The ETF is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect VictoryShares USAA MSCI USA Small Cap ETF with a 90% probability to be traded between $74.78 and $80.78 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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USVM Signals & Forecast
There are mixed signals in the ETF today. The VictoryShares USAA MSCI USA Small Cap 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 $77.32 and $78.35. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF 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. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 0.692%. 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).
Support, Risk & Stop-loss for VictoryShares USAA MSCI USA Small Cap ETF
VictoryShares USAA MSCI USA Small Cap finds support from accumulated volume at $76.20 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 $0.298 between high and low, or 0.388%. For the last week the ETF has had daily average volatility of 0.649%
Our recommended stop-loss: $72.36 (-6.11%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 28 days ago.)
Trading Expectations (USVM) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect VictoryShares USAA MSCI USA Small Cap Value Momentum ETF to open at $76.97, and during the day (based on 14 day Average True Range), to move between $76.27 and $77.87, which gives a possible trading interval of +/-$0.80 (+/-1.04%) up or down from last closing price. If VictoryShares USAA MSCI USA Small Cap Value Momentum ETF takes out the full calculated possible swing range there will be an estimated 2.08% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $77.23 (0.21%) than the support at $76.20 (1.13%), 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 Small Cap Value Momentum ETF ETF A Buy?
VictoryShares USAA MSCI USA Small Cap 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.
Current score: 0.070 Hold/Accumulate Unchanged
Predicted Opening Price for VictoryShares USAA MSCI USA Small Cap Value Momentum ETF of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| $76.97 ( 0.129%) | $77.07 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for USVM
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 77.27 | 0.258% |
| R2 | 77.15 | 0.110% |
| R1 | 77.08 | 0.0188% |
| Price | 77.07 | |
| S1 | 76.86 | -0.277% |
| S2 | 76.79 | -0.368% |
| S3 | 76.67 | -0.516% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 79.01 | 2.52% |
| R2 | 77.26 | 0.242% |
| R1 | 77.23 | 0.212% |
| Price | 77.07 | |
| S1 | 76.20 | -1.13% |
| S2 | 75.74 | -1.73% |
| S3 | 75.47 | -2.08% |
USVM Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 08, 2024 | May 09, 2024 | May 13, 2024 | $0.0057 | 0.0072% |
| 2 | Apr 11, 2024 | Apr 11, 2024 | Apr 15, 2024 | $0.202 | 0.268% |
| 3 | Feb 08, 2024 | Feb 09, 2024 | Feb 13, 2024 | $0.0370 | 0.0508% |
| 4 | Jan 10, 2024 | Jan 11, 2024 | Jan 16, 2024 | $0.114 | 0.159% |
| 5 | Dec 15, 2023 | Dec 18, 2023 | Dec 20, 2023 | $0.255 | 0.351% |
FAQ
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