Xtrackers Ii Esg Global Aggregate Bond ETF Forecast

Xtrackers Ii Esg Global Aggregate Bond ETF price ended at 53.93 Fr on Wednesday, after losing 0%.
(Updated on Jun 26, 2024)

XBAU.SW Signals & Forecast

The Xtrackers Ii Esg Global Aggregate Bond ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at 53.89 Fr and 53.64 Fr. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -0.167%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Xtrackers Ii Esg Global Aggregate Bond ETF

Xtrackers Ii Esg Global Aggregate Bond finds support from accumulated volume at 53.46 Fr 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 Fr between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.0030%

Our recommended stop-loss: 52.01 Fr (-3.57%) (This ETF has low daily movements and this gives low risk. The RSI14 is 72 and this increases the risk substantially. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (XBAU.SW) For The Upcoming Trading Day Of Thursday 27th

For the upcoming trading day on Thursday, 27th we expect Xtrackers Ii Esg Global Aggregate Bond Etf to open at 53.93 Fr, and during the day (based on 14 day Average True Range), to move between 53.83 Fr and 54.04 Fr, which gives a possible trading interval of +/-0.103 Fr (+/-0.19%) up or down from last closing price. If Xtrackers Ii Esg Global Aggregate Bond Etf takes out the full calculated possible swing range there will be an estimated 0.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 53.96 Fr (0.04%) than the support at 53.46 Fr (0.88%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Xtrackers Ii Esg Global Aggregate Bond Etf ETF A Buy?

Xtrackers Ii Esg Global Aggregate Bond 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: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Xtrackers Ii Esg Global Aggregate Bond Etf of Thursday, June 27, 2024

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