SPDR S&P 1500 VALUE TILT ETF Forecast
SPDR S&P 1500 VALUE TILT ETF price ended at $171.92 on Friday, after gaining 0.330%.
(Updated on Jun 28, 2024)
The SPDR S&P 1500 VALUE TILT ETF price gained 0.330% on the last trading day (Friday, 28th Jun 2024), rising from $171.35 to $171.92. During the last trading day the ETF fluctuated 0.455% from a day low at $171.92 to a day high of $172.70. The price has been going up and down for this period, and there has been a 0.35% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 thousand more shares were traded than the day before. In total, 4 thousand shares were bought and sold for approximately $627.15 thousand.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect SPDR S&P 1500 VALUE TILT ETF with a 90% probability to be traded between $169.65 and $177.46 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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VLU Signals & Forecast
There are mixed signals in the ETF today. The SPDR S&P 1500 VALUE TILT 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 $172.11 and $172.22. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.36%. 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). SPDR S&P 1500 VALUE TILT 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.
Support, Risk & Stop-loss for SPDR S&P 1500 VALUE TILT ETF
SPDR S&P 1500 VALUE TILT finds support from accumulated volume at $171.84 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 $0.783 between high and low, or 0.455%. For the last week the ETF has had daily average volatility of 0.599%.
Our recommended stop-loss: $161.97 (-5.78%) (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 (VLU) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect SPDR S&P 1500 VALUE TILT ETF to open at $172.18, and during the day (based on 14 day Average True Range), to move between $170.71 and $173.12, which gives a possible trading interval of +/-$1.20 (+/-0.70%) up or down from last closing price. If SPDR S&P 1500 VALUE TILT ETF takes out the full calculated possible swing range there will be an estimated 1.40% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $171.84 (0.04%) than the resistance at $172.47 (0.32%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is SPDR S&P 1500 VALUE TILT ETF ETF A Buy?
SPDR S&P 1500 VALUE TILT 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: -0.486 Hold/Accumulate Unchanged
Predicted Opening Price for SPDR S&P 1500 VALUE TILT ETF of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $172.18 ( 0.152%) | $171.92 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VLU
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 172.96 | 0.607% |
| R2 | 172.66 | 0.433% |
| R1 | 172.48 | 0.326% |
| Price | 171.92 | |
| S1 | 171.88 | -0.0222% |
| S2 | 171.69 | -0.130% |
| S3 | 171.39 | -0.303% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 174.64 | 1.58% |
| R2 | 172.64 | 0.419% |
| R1 | 172.47 | 0.320% |
| Price | 171.92 | |
| S1 | 171.84 | -0.0442% |
| S2 | 171.82 | -0.0558% |
| S3 | 169.48 | -1.42% |
VLU Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 18, 2024 | Mar 18, 2024 | Mar 21, 2024 | $0.790 | 0.455% |
| 2 | Dec 18, 2023 | Dec 18, 2023 | Dec 18, 2023 | $0.86 | 0.542% |
| 3 | Jan 17, 2023 | Sep 18, 2023 | Sep 21, 2023 | $0.81 | 0.552% |
| 4 | Jan 17, 2023 | Jun 20, 2023 | Jun 23, 2023 | $0.81 | 0.559% |
| 5 | Jan 17, 2023 | Mar 20, 2023 | Mar 23, 2023 | $0.762 | 0.561% |
FAQ
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