Active X Ardea Real Outcome Bond Fund Trust Forecast

Active X Ardea Real Outcome Bond Fund trust price down 0% on Friday
(Updated on Jun 28, 2024)

XARO.AX Signals & Forecast

The Active X Ardea Real Outcome Bond Fund trust holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the trust has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $23.58 and $23.61. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, June 25, 2024, and so far it has risen 0.553%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the trust should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The trust had a Golden Star Signal on Wednesday, June 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the trust in question.

Support, Risk & Stop-loss for Active X Ardea Real Outcome Bond Fund trust

Active X Ardea Real Outcome Bond Fund finds support from accumulated volume at $23.59 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the trust tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the trust moved $0.1000 between high and low, or 0.424%. For the last week the trust has had daily average volatility of 0.382%.

Our recommended stop-loss: $21.69 (-8.20%) (This trust has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 43 days ago.)

Trading Expectations (XARO.AX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Active X Ardea Real Outcome Bond Fund (managed Fund) Etf to open at $23.64, and during the day (based on 14 day Average True Range), to move between $23.53 and $23.73, which gives a possible trading interval of +/-$0.104 (+/-0.44%) up or down from last closing price. If Active X Ardea Real Outcome Bond Fund (managed Fund) Etf takes out the full calculated possible swing range there will be an estimated 0.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $23.59 (0.17%) than the resistance at $23.68 (0.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Active X Ardea Real Outcome Bond Fund (managed Fund) Etf trust A Buy?

Active X Ardea Real Outcome Bond 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: 0.133 Hold/Accumulate Unchanged

Predicted Opening Price for Active X Ardea Real Outcome Bond Fund (managed Fund) Etf of Monday, July 1, 2024

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