Xtrackers Msci World Financials Ucits 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
Green day on Tuesday for Xtrackers Msci World Financials Ucits
(Updated on Jun 25, 2024)
The Xtrackers Msci World Financials Ucits ETF price gained 0.99% on the last trading day (Tuesday, 25th Jun 2024), rising from $29.31 to $29.60. During the last trading day the ETF fluctuated 0.81% from a day low at $29.60 to a day high of $29.84. The price has risen in 5 of the last 10 days but is still down by -0.07% for this period. Volume fell on the last day by -2 thousand shares and in total, 6 thousand shares were bought and sold for approximately $176.68 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 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 2.75% during the next 3 months and, with a 90% probability hold a price between $29.28 and $31.46 at the end of this 3-month period.
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XDWF.L Signals & Forecast
The Xtrackers Msci World Financials Ucits ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $29.29 and $29.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 2.17%. 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 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. The ETF had a Golden Star Signal on Friday, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, June 28, 2023.
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 Friday, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, June 28, 2023.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, May 03, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, June 28, 2023.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 Financials Ucits ETF
Xtrackers Msci World Financials Ucits finds support from accumulated volume at $29.46 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 $0.240 between high and low, or 0.81%. For the last week the ETF has had daily average volatility of 0.374%
Our recommended stop-loss: $27.96 (-5.55%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 23 days ago.)
Trading Expectations (XDWF.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Xtrackers Msci World Financials Ucits Etf to open at $29.68, and during the day (based on 14 day Average True Range), to move between $29.36 and $29.84, which gives a possible trading interval of +/-$0.240 (+/-0.81%) up or down from last closing price. If Xtrackers Msci World Financials Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.62% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $29.46 (0.47%) than the resistance at $29.75 (0.51%), 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 Msci World Financials Ucits Etf ETF A Buy?
Xtrackers Msci World Financials Ucits 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: 0.761 Hold/Accumulate Unchanged
Predicted Opening Price for Xtrackers Msci World Financials Ucits Etf of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $29.68 ( 0.270%) | $29.60 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XDWF.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.92 | 1.08% |
| R2 | 29.83 | 0.771% |
| R1 | 29.77 | 0.580% |
| Price | 29.60 | |
| S1 | 29.59 | -0.0395% |
| S2 | 29.53 | -0.231% |
| S3 | 29.44 | -0.541% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 30.06 | 1.55% |
| R2 | 29.79 | 0.642% |
| R1 | 29.75 | 0.507% |
| Price | 29.60 | |
| S1 | 29.46 | -0.473% |
| S2 | 29.34 | -0.88% |
| S3 | 27.86 | -5.88% |
FAQ
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