Xtrackers Msci World Health Care Ucits ETF Forecast
Xtrackers Msci World Health Care Ucits ETF price down 0.611% on Wednesday
(Updated on Jul 03, 2024)
The Xtrackers Msci World Health Care Ucits ETF price fell by -0.611% on the last day (Wednesday, 3rd Jul 2024) from $53.97 to $53.64. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 0.97% from a day low at $53.64 to a day high of $54.16. The price has fallen in 6 of the last 10 days and is down by -1.03% for this period. Volume has increased on the last day by 13 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, 32 thousand shares were bought and sold for approximately $1.71 million.
The ETF has broken the narrow and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $53.70. A reaction back to this level may hold a second chance to get out before further falls.
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XDWH.L Signals & Forecast
There are few to no technical positive signals at the moment. The Xtrackers Msci World Health Care Ucits ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $54.45 and $54.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 25, 2024, and so far it has fallen -2.38%. 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 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 Msci World Health Care Ucits ETF
Xtrackers Msci World Health Care Ucits finds support from accumulated volume at $53.25 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.520 between high and low, or 0.97%. For the last week the ETF has had daily average volatility of 0.714%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XDWH.L) For The Upcoming Trading Day Of Thursday 4th
For the upcoming trading day on Thursday, 4th we expect Xtrackers Msci World Health Care Ucits Etf to open at $53.81, and during the day (based on 14 day Average True Range), to move between $53.21 and $54.07, which gives a possible trading interval of +/-$0.428 (+/-0.80%) up or down from last closing price. If Xtrackers Msci World Health Care Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $53.25 (0.73%) than the resistance at $54.20 (1.04%), 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 Health Care Ucits Etf ETF A Buy?
The Xtrackers Msci World Health Care Ucits ETF holds several negative signals and despite the positive trend, we believe Xtrackers Msci World Health Care Ucits will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -3.693 Sell Candidate Unchanged
Predicted Opening Price for Xtrackers Msci World Health Care Ucits Etf of Thursday, July 4, 2024
| Fair opening price July 4, 2024 | Current price |
|---|---|
| $53.81 ( 0.323%) | $53.64 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XDWH.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 54.33 | 1.29% |
| R2 | 54.13 | 0.92% |
| R1 | 54.01 | 0.693% |
| Price | 53.64 | |
| S1 | 53.61 | -0.0472% |
| S2 | 53.49 | -0.276% |
| S3 | 53.29 | -0.646% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 54.36 | 1.34% |
| R2 | 54.30 | 1.23% |
| R1 | 54.20 | 1.04% |
| Price | 53.64 | |
| S1 | 53.25 | -0.727% |
| S2 | 52.81 | -1.55% |
| S3 | 51.06 | -4.81% |
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