WisdomTree Cloud Computing Fund ETF Forecast

$34.82
+0 (+0%)
At Close: Mar 28, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of WCLD
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WisdomTree Cloud Computing Fund ETF price down 0% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 1.02% PDF

No changes to the price of WisdomTree Cloud Computing Fund ETF on the last trading day (Thursday, 28th Mar 2024). During the last trading day the ETF fluctuated 1.27% from a day low at $34.75 to a day high of $35.19. The price has risen in 6 of the last 10 days and is up by 0.87% over the past 2 weeks.

The ETF lies in the middle of a wide 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 2.80% during the next 3 months and, with a 90% probability hold a price between $34.40 and $38.66 at the end of this 3-month period.

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WCLD Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 2.93%. 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). The volume rose on the last day while price remained unchanged. This may be an early warning and the ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The WisdomTree Cloud Computing Fund ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at $35.20. On a fall, the ETF will find some support from the short-term average at $34.78. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for WisdomTree Cloud Computing Fund ETF

WisdomTree Cloud Computing Fund finds support from accumulated volume at $34.80 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 $0.440 between high and low, or 1.27%. For the last week the ETF has had daily average volatility of 1.26%.

Our recommended stop-loss: $32.92 (-5.46%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 9 days ago.)

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

For the upcoming trading day on Monday, 1st we expect WisdomTree Cloud Computing Fund to open at $34.92, and during the day (based on 14 day Average True Range), to move between $34.15 and $35.49, which gives a possible trading interval of +/-$0.669 (+/-1.92%) up or down from last closing price. If WisdomTree Cloud Computing Fund takes out the full calculated possible swing range there will be an estimated 3.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $34.80 (0.06%) than the resistance at $35.13 (0.89%), 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 Cloud Computing Fund ETF A Buy?

WisdomTree Cloud Computing Fund 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: 0.115 Hold/Accumulate Unchanged

Predicted Opening Price for WisdomTree Cloud Computing Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$34.92 ( 0.287%) $34.82

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

Trading levels for WCLD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.36 1.55 %
R2 35.19 1.07 %
R1 35.09 0.770 %
Current price: 34.82
Support S1 34.75 -0.195 %
S2 34.65 -0.493 %
S3 34.48 -0.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 35.58 2.18 %
R2 35.54 2.07 %
R1 35.13 0.89 %
Current price 34.82
Support S1 34.80 -0.0574%
S2 34.14 -1.95%
S3 34.05 -2.21%

FAQ

What is the symbol for WisdomTree Cloud Computing Fund ETF and on which exchange is it traded?
The symbol for WisdomTree Cloud Computing Fund is WCLD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell WisdomTree Cloud Computing Fund ETF?
WisdomTree Cloud Computing Fund 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.

How to buy WisdomTree Cloud Computing Fund ETF?
WisdomTree Cloud Computing Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy WisdomTree Cloud Computing Fund ETF.

What's the current price of WisdomTree Cloud Computing Fund ETF?
As of the end of day on the 2024-03-28, the price of an WisdomTree Cloud Computing Fund (WCLD) share was $34.82.

What is the 52-week high and low for WisdomTree Cloud Computing Fund ETF?
The 52-week high for WisdomTree Cloud Computing Fund ETF is $37.34 and the 52-week low is $25.34.

What is the market capitalization of WisdomTree Cloud Computing Fund ETF?
As of the 2024-03-28, the market capitalization of WisdomTree Cloud Computing Fund is 699.095M.
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