Xtrackers S&p 500 Ucits Etf ETF Forecast

Red day on Friday for Xtrackers S&p 500 Ucits Etf
(Updated on Jun 21, 2024)

XDPC.SW Signals & Forecast

The Xtrackers S&p 500 Ucits Etf 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 52.31 Fr and 50.53 Fr. A breakdown below any of these levels will issue sell signals. 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 Thursday, June 20, 2024, and so far it has fallen -0.570%. Further fall is indicated until a new bottom pivot has been found. 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.

Support, Risk & Stop-loss for Xtrackers S&p 500 Ucits Etf ETF

Xtrackers S&p 500 Ucits Etf finds support from accumulated volume at 51.11 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 0.0533%

Our recommended stop-loss: 50.46 Fr (-3.62%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 32 days ago.)

Trading Expectations (XDPC.SW) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Xtrackers S&p 500 Ucits Etf to open at 52.35 Fr, and during the day (based on 14 day Average True Range), to move between 52.08 Fr and 52.62 Fr, which gives a possible trading interval of +/-0.267 Fr (+/-0.51%) up or down from last closing price. If Xtrackers S&p 500 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.02% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 52.41 Fr (0.11%) than the support at 51.11 Fr (2.37%), 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 S&p 500 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 S&p 500 Ucits Etf ETF to perform well in the short-term.

Current score: 2.317 Buy Candidate Unchanged

Predicted Opening Price for Xtrackers S&p 500 Ucits Etf of Monday, June 24, 2024

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