Xtrackers Msci Nordic Ucits Etf ETF Forecast
Xtrackers Msci Nordic Ucits Etf ETF upgraded to Buy Candidate.
(Updated on Jun 19, 2024)
The Xtrackers Msci Nordic Ucits Etf ETF price fell by -0.317% on the last day (Wednesday, 19th Jun 2024) from £4,805.75 to £4,790.50. During the last trading day the ETF fluctuated 0% from a day low at £4,790.50 to a day high of £4,790.50. The price has been going up and down for this period, and there has been a -0.26% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -3 thousand shares and in total, 0 shares were bought and sold for approximately £0 .
The ETF lies in the middle of a 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 6.34% during the next 3 months and, with a 90% probability hold a price between £5,018.72 and £5,274.00 at the end of this 3-month period.
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XDN0.L Signals & Forecast
The Xtrackers Msci Nordic Ucits Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately £4,825.46. On a fall, the ETF will find some support from the long-term average at approximately £4,766.64. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. 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). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Friday, November 03, 2023 in the long-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 12 Months
The ETF had a Golden Star Signal on Friday, November 03, 2023 in the long-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 Nordic Ucits Etf ETF
Xtrackers Msci Nordic Ucits Etf finds support from accumulated volume at £4,659.25 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.424%
Our recommended stop-loss: £4,510.73 (-5.84%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (XDN0.L) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect Xtrackers Msci Nordic Ucits Etf to open at £4,790.50, and during the day (based on 14 day Average True Range), to move between £4,752.55 and £4,828.45, which gives a possible trading interval of +/-£37.95 (+/-0.79%) up or down from last closing price. If Xtrackers Msci Nordic Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.58% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at £4,801.50 (0.23%) than the support at £4,659.25 (2.74%), 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 Nordic Ucits Etf ETF A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Xtrackers Msci Nordic Ucits Etf ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 4.596 Buy Candidate Upgraded
Predicted Opening Price for Xtrackers Msci Nordic Ucits Etf of Thursday, June 20, 2024
Fair opening price June 20, 2024 | Current price |
---|---|
£4,790.50 ( 0%) | £4,790.50 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XDN0.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 4,790.50 | - |
R2 | 4,790.50 | - |
R1 | 4,790.50 | - |
Price | 4,790.50 | |
S1 | 4,790.50 | - |
S2 | 4,790.50 | - |
S3 | 4,790.50 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 4,893.00 | 2.14% |
R2 | 4,805.75 | 0.318% |
R1 | 4,801.50 | 0.230% |
Price | 4,790.50 | |
S1 | 4,659.25 | -2.74% |
S2 | 4,631.00 | -3.33% |
S3 | 4,595.00 | -4.08% |
XDN0 Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 21, 2024 | Feb 21, 2024 | Mar 07, 2024 | £22.39 | 0.482% |
2 | Aug 23, 2023 | Aug 23, 2023 | Sep 07, 2023 | £93.38 | 2.38% |
3 | Feb 08, 2023 | Feb 08, 2023 | Feb 24, 2023 | £16.17 | 0.398% |
4 | Aug 10, 2022 | Aug 10, 2022 | Aug 25, 2022 | £88.36 | 2.35% |
5 | Apr 27, 2022 | Apr 27, 2022 | May 03, 2022 | £89.72 | 2.31% |
FAQ
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