14-day Premium Trial Subscription Try For FreeTry Free

Xtrackers - LevDAX Daily Swap UCITS ETF Forecast

£14,628.65
+0 (+0%)
At Close: May 07, 2024
RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XLDX.L
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Xtrackers - LevDAX Daily Swap UCITS ETF price down 0% on Tuesday
(Updated on May 07, 2024)

Sell candidate since Apr 30, 2024 Gain 1.14% PDF

No changes to the price of Xtrackers - LevDAX Daily Swap UCITS ETF on the last trading day (Tuesday, 7th May 2024). During the last trading day the ETF fluctuated 0% from a day low at £14,628.65 to a day high of £14,628.65. The price has risen in 4 of the last 10 days and is up by 2.3% over the past 2 weeks.

The ETF lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £14,471.74 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 10.72% during the next 3 months and, with a 90% probability hold a price between £16,023.23 and £18,008.12 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

XLDX.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 - LevDAX Daily Swap UCITS ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the stock. On further gains, the ETF will meet resistance from the long-term Moving Average at £14,818.35. On a fall, the ETF will find some support from the short-term average at £14,621.19. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Xtrackers - LevDAX Daily Swap UCITS ETF

Xtrackers - LevDAX Daily Swap UCITS finds support from accumulated volume at £14,619.00 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 0.686%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (XLDX.L) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect Xtrackers - LevDAX Daily Swap UCITS ETF to open at £14,628.65, and during the day (based on 14 day Average True Range), to move between £14,468.26 and £14,789.03, which gives a possible trading interval of +/-£160.38 (+/-1.10%) up or down from last closing price. If Xtrackers - LevDAX Daily Swap UCITS ETF takes out the full calculated possible swing range there will be an estimated 2.19% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £14,619.00 (0.07%) than the resistance at £14,817.00 (1.29%), 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 - LevDAX Daily Swap UCITS ETF ETF A Buy?

Xtrackers - LevDAX Daily Swap UCITS holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.888 Sell Candidate Unchanged

Predicted Opening Price for Xtrackers - LevDAX Daily Swap UCITS ETF of Wednesday, May 8, 2024

Fair opening price May 8, 2024 Current price
£14,628.65 ( 0%) £14,628.65

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

Trading levels for XLDX.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14,628.65 .
R2 14,628.65 .
R1 14,628.65 .
Current price: 14,628.65
Support S1 14,628.65 .
S2 14,628.65 .
S3 14,628.65 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15,582.00 6.52 %
R2 14,936.00 2.10 %
R1 14,817.00 1.29 %
Current price 14,628.65
Support S1 14,619.00 -0.0660%
S2 14,300.00 -2.25%
S3 14,272.00 -2.44%

FAQ

What is the symbol for Xtrackers - LevDAX Daily Swap UCITS ETF ETF and on which exchange is it traded?
The symbol for Xtrackers - LevDAX Daily Swap UCITS ETF is XLDX.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Xtrackers - LevDAX Daily Swap UCITS ETF ETF?
Xtrackers - LevDAX Daily Swap UCITS holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

How to buy Xtrackers - LevDAX Daily Swap UCITS ETF ETF?
Xtrackers - LevDAX Daily Swap UCITS ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Xtrackers - LevDAX Daily Swap UCITS ETF ETF.

What's the current price of Xtrackers - LevDAX Daily Swap UCITS ETF ETF?
As of the end of day on the May 07, 2024, the price of an Xtrackers - LevDAX Daily Swap UCITS ETF (XLDX.L) share was £14,628.65.

What is the 52-week high and low for Xtrackers - LevDAX Daily Swap UCITS ETF ETF?
The 52-week high for Xtrackers - LevDAX Daily Swap UCITS ETF ETF is £0.0180 and the 52-week low is £0.0050.

What is the market capitalization of Xtrackers - LevDAX Daily Swap UCITS ETF ETF?
As of the May 07, 2024, the market capitalization of Xtrackers - LevDAX Daily Swap UCITS ETF is 3.807B.
Click to get the best stock tips daily for free!