Xtrackers Msci World Value 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
Xtrackers Msci World Value Ucits Etf ETF upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 28, 2024)
The Xtrackers Msci World Value Ucits Etf ETF price gained 0.679% on the last trading day (Friday, 28th Jun 2024), rising from 40.52€ to 40.80€. During the last trading day the ETF fluctuated 0.541% from a day low at 40.70€ to a day high of 40.92€. The price has fallen in 6 of the last 10 days but is still up by 1.1% over the past 2 weeks. Volume fell on the last day by -19 thousand shares and in total, 15 thousand shares were bought and sold for approximately 618.90€ thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Xtrackers Msci World Value Ucits Etf ETF with a 90% probability to be traded between 40.17€ and 41.52€ 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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XDEV.F Signals & Forecast
There are mixed signals in the ETF today. The Xtrackers Msci World Value Ucits Etf 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 40.87€. On a fall, the ETF will find some support from the short-term average at 40.70€. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 1.35%. Further rise is indicated until a new top pivot has been found. The ETF had a Golden Star Signal on Thursday, June 20, 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 ETF in question.
Golden Star
The ETF had a Golden Star Signal on Thursday, June 20, 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 ETF in question.
Support, Risk & Stop-loss for Xtrackers Msci World Value Ucits Etf ETF
Xtrackers Msci World Value Ucits Etf finds support from accumulated volume at 40.60€ 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 0.220€ between high and low, or 0.541%. For the last week the ETF has had daily average volatility of 0.721%
Our recommended stop-loss: 38.59€ (-5.40%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (XDEV.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Xtrackers Msci World Value Ucits Etf to open at 40.81€, and during the day (based on 14 day Average True Range), to move between 40.49€ and 41.10€, which gives a possible trading interval of +/-0.303€ (+/-0.74%) up or down from last closing price. If Xtrackers Msci World Value Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 40.96€ (0.40%) than the support at 40.60€ (0.48%), 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 Msci World Value Ucits Etf ETF A Buy?
Xtrackers Msci World Value Ucits Etf 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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: -0.721 Hold/Accumulate Upgraded
Predicted Opening Price for Xtrackers Msci World Value Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 40.81€ ( 0.0245%) | 40.80€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XDEV.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.03 | 0.564% |
| R2 | 40.94 | 0.358% |
| R1 | 40.89 | 0.231% |
| Price | 40.80 | |
| S1 | 40.72 | -0.181% |
| S2 | 40.67 | -0.309% |
| S3 | 40.59 | -0.515% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 41.09 | 0.723% |
| R2 | 41.04 | 0.601% |
| R1 | 40.96 | 0.404% |
| Price | 40.80 | |
| S1 | 40.60 | -0.478% |
| S2 | 40.35 | -1.09% |
| S3 | 40.33 | -1.14% |
FAQ
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