Xtrackers Ftse 100 Ucits Etf ETF Forecast
Xtrackers Ftse 100 Ucits Etf ETF price down 0.281% on Wednesday
(Updated on Jun 26, 2024)
The Xtrackers Ftse 100 Ucits Etf ETF price fell by -0.281% on the last day (Wednesday, 26th Jun 2024) from £1,245.30 to £1,241.80. During the last trading day the ETF fluctuated 0.89% from a day low at £1,241.60 to a day high of £1,252.60. The price has fallen in 6 of the last 10 days but is still up by 0.01% over the past 2 weeks. Volume has increased on the last day by 20 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 26 thousand shares were bought and sold for approximately £32.63 million.
The ETF lies in the lower part of a weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £1,229.83 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 6.48% during the next 3 months and, with a 90% probability hold a price between £1,309.46 and £1,386.69 at the end of this 3-month period.
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XDUK.L Signals & Forecast
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. The Xtrackers Ftse 100 Ucits Etf ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at £1,244.14 and £1,248.42. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 16, 2024, and so far it has fallen -1.91%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for Xtrackers Ftse 100 Ucits Etf ETF
Xtrackers Ftse 100 Ucits Etf finds support from accumulated volume at £1,240.90 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved £11.00 between high and low, or 0.89%. For the last week the ETF has had daily average volatility of 0.80%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XDUK.L) For The Upcoming Trading Day Of Thursday 27th
For the upcoming trading day on Thursday, 27th we expect Xtrackers Ftse 100 Ucits Etf to open at £1,245.33, and during the day (based on 14 day Average True Range), to move between £1,232.42 and £1,251.18, which gives a possible trading interval of +/-£9.38 (+/-0.75%) up or down from last closing price. If Xtrackers Ftse 100 Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.51% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £1,240.90 (0.07%) than the resistance at £1,247.60 (0.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Xtrackers Ftse 100 Ucits Etf ETF A Buy?
The Xtrackers Ftse 100 Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Xtrackers Ftse 100 Ucits Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -4.295 Sell Candidate Unchanged
Predicted Opening Price for Xtrackers Ftse 100 Ucits Etf of Thursday, June 27, 2024
| Fair opening price June 27, 2024 | Current price |
|---|---|
| £1,245.33 ( 0.285%) | £1,241.80 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XDUK.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,256.33 | 1.17% |
| R2 | 1,252.13 | 0.83% |
| R1 | 1,249.54 | 0.623% |
| Price | 1,241.80 | |
| S1 | 1,241.13 | -0.0538% |
| S2 | 1,238.54 | -0.263% |
| S3 | 1,234.33 | -0.601% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1,254.60 | 1.03% |
| R2 | 1,249.60 | 0.628% |
| R1 | 1,247.60 | 0.467% |
| Price | 1,241.80 | |
| S1 | 1,240.90 | -0.0725% |
| S2 | 1,236.80 | -0.403% |
| S3 | 1,185.90 | -4.50% |
XDUK Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 25, 2013 | Jul 25, 2013 | Jul 25, 2013 | £0.110 | 0.0166% |
FAQ
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