Vanguard Ftse 100 Ucits Etf 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
Vanguard Ftse 100 Ucits Etf ETF price down 0.345% on Friday
(Updated on Jun 28, 2024)
The Vanguard Ftse 100 Ucits Etf ETF price fell by -0.345% on the last day (Friday, 28th Jun 2024) from 42.00€ to 41.86€. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 1.02% from a day low at 41.84€ to a day high of 42.26€. The price has fallen in 6 of the last 10 days and is down by -0.13% for this period. 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 -6 thousand shares and in total, 33 thousand shares were bought and sold for approximately 1.40€ million.
Given the current short-term trend, the ETF is expected to rise 5.57% during the next 3 months and, with a 90% probability hold a price between 44.19€ and 46.91€ at the end of this 3-month period.
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VUKE.F Signals & Forecast
There are few to no technical positive signals at the moment. The Vanguard Ftse 100 Ucits Etf 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 42.25€ and 42.64€. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -3.49%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.
Support, Risk & Stop-loss for Vanguard Ftse 100 Ucits Etf ETF
Vanguard Ftse 100 Ucits Etf finds support from accumulated volume at 41.82€ 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 0.425€ between high and low, or 1.02%. For the last week the ETF has had daily average volatility of 1.00%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (VUKE.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Vanguard Ftse 100 Ucits Etf to open at 41.98€, and during the day (based on 14 day Average True Range), to move between 41.48€ and 42.23€, which gives a possible trading interval of +/-0.370€ (+/-0.88%) up or down from last closing price. If Vanguard Ftse 100 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.77% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at 41.82€ (0.08%) than the resistance at 42.00€ (0.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Vanguard Ftse 100 Ucits Etf ETF A Buy?
The Vanguard Ftse 100 Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Vanguard Ftse 100 Ucits Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -2.066 Sell Candidate Unchanged
Predicted Opening Price for Vanguard Ftse 100 Ucits Etf of Monday, July 1, 2024
Fair opening price July 1, 2024 | Current price |
---|---|
41.98€ ( 0.307%) | 41.86€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VUKE.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 42.41 | 1.32% |
R2 | 42.25 | 0.93% |
R1 | 42.15 | 0.695% |
Price | 41.86 | |
S1 | 41.82 | -0.0813% |
S2 | 41.72 | -0.321% |
S3 | 41.56 | -0.709% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 42.87 | 2.41% |
R2 | 42.56 | 1.68% |
R1 | 42.00 | 0.346% |
Price | 41.86 | |
S1 | 41.82 | -0.0836% |
S2 | 41.76 | -0.227% |
S3 | 41.56 | -0.705% |
FAQ
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