Impact Shares YWCA Women's Empowerment ETF Forecast
Green day on Thursday for Impact Shares YWCA Women's Empowerment
(Updated on May 02, 2024)
The Impact Shares YWCA Women's Empowerment ETF price gained 0.555% on the last trading day (Thursday, 2nd May 2024), rising from $34.22 to $34.41. During the last trading day the ETF fluctuated 0.0889% from a day low at $34.41 to a day high of $34.44. The price has risen in 5 of the last 10 days but is still down by -0.2% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 185 more shares were traded than the day before. In total, 375 shares were bought and sold for approximately $12.90 thousand.
The ETF is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $34.21 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Impact Shares YWCA Women's Empowerment ETF with a 90% probability to be traded between $33.88 and $35.61 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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WOMN Signals & Forecast
There are mixed signals in the ETF today. The Impact Shares YWCA Women's Empowerment 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 $34.61 and $35.25. 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 01, 2024, and so far it has risen 0.555%. 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). Impact Shares YWCA Women's Empowerment 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. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Impact Shares YWCA Women's Empowerment ETF
Impact Shares YWCA Women's Empowerment finds support from accumulated volume at $34.22 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 $0.0306 between high and low, or 0.0889%. For the last week the ETF has had daily average volatility of 0.226%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (WOMN) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Impact Shares YWCA Women's Empowerment ETF to open at $34.42, and during the day (based on 14 day Average True Range), to move between $34.13 and $34.69, which gives a possible trading interval of +/-$0.276 (+/-0.80%) up or down from last closing price. If Impact Shares YWCA Women's Empowerment ETF takes out the full calculated possible swing range there will be an estimated 1.60% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $34.22 (0.55%) than the resistance at $35.45 (3.02%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Impact Shares YWCA Women's Empowerment ETF ETF A Buy?
Impact Shares YWCA Women's Empowerment holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.
Current score: -1.065 Sell Candidate Unchanged
Predicted Opening Price for Impact Shares YWCA Women's Empowerment ETF of Friday, May 3, 2024
| Fair opening price May 3, 2024 | Current price |
|---|---|
| $34.42 ( 0.0296%) | $34.41 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WOMN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 34.45 | 0.119 % | |
| R2 | 34.44 | 0.0846 % | ||
| R1 | 34.43 | 0.0636 % | ||
| Current price: | 34.41 | |||
| Support | S1 | 34.41 | -0.0043 % | |
| S2 | 34.40 | -0.0253 % | ||
| S3 | 34.39 | -0.0593 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 35.80 | 4.05 % | |
| R2 | 35.63 | 3.55 % | ||
| R1 | 35.45 | 3.02 % | ||
| Current price | 34.41 | |||
| Support | S1 | 34.22 | -0.552% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
WOMN Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 26, 2024 | Mar 26, 2024 | Apr 01, 2024 | $0.0813 | 0.226% |
| 2 | Dec 26, 2023 | Dec 26, 2023 | Dec 26, 2023 | $0.360 | 1.08% |
| 3 | Sep 25, 2023 | Sep 26, 2023 | Sep 29, 2023 | $0.0830 | 0.276% |
| 4 | Jun 26, 2023 | Jun 27, 2023 | Jun 30, 2023 | $0.0800 | 0.261% |
| 5 | Mar 27, 2023 | Mar 28, 2023 | Mar 31, 2023 | $0.0767 | 0.271% |
FAQ
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