Xtrackers Lpx Private Equity Swap Ucits ETF Forecast
Xtrackers Lpx Private Equity Swap Ucits ETF downgraded from Buy Candidate to Sell Candidate after Thursday trading session.
(Updated on Jun 27, 2024)
No changes to the price of Xtrackers Lpx Private Equity Swap Ucits ETF on the last trading day (Thursday, 27th Jun 2024). During the last trading day the ETF fluctuated 0% from a day low at £10,390.00 to a day high of £10,390.00. The price has fallen in 6 of the last 10 days and is down by -1.7% for this period.
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 2.85% during the next 3 months and, with a 90% probability hold a price between £10,536.78 and £11,084.40 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.
XLPE.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 Lpx Private Equity Swap Ucits 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 £10,413.86 and £10,448.40. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -1.14%. 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. The ETF had a Golden Star Signal on Wednesday, June 19, 2024 in the short-term chart.
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 Wednesday, June 19, 2024 in the short-term chart.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 Lpx Private Equity Swap Ucits ETF
Xtrackers Lpx Private Equity Swap Ucits finds support from accumulated volume at £10,368.00 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 0.481%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XLPE.L) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Xtrackers Lpx Private Equity Swap Ucits Etf to open at £10,390.00, and during the day (based on 14 day Average True Range), to move between £10,296.26 and £10,483.74, which gives a possible trading interval of +/-£93.74 (+/-0.90%) up or down from last closing price. If Xtrackers Lpx Private Equity Swap Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £10,368.00 (0.21%) than the resistance at £10,442.00 (0.50%), 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 Lpx Private Equity Swap Ucits Etf ETF A Buy?
The Xtrackers Lpx Private Equity Swap Ucits ETF holds several negative signals and despite the positive trend, we believe Xtrackers Lpx Private Equity Swap Ucits will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.
Current score: -1.521 Sell Candidate Downgraded
Predicted Opening Price for Xtrackers Lpx Private Equity Swap Ucits Etf of Friday, June 28, 2024
Fair opening price June 28, 2024 | Current price |
---|---|
£10,390.00 ( 0%) | £10,390.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XLPE.L
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 10,390.00 | - |
R2 | 10,390.00 | - |
R1 | 10,390.00 | - |
Price | 10,390.00 | |
S1 | 10,390.00 | - |
S2 | 10,390.00 | - |
S3 | 10,390.00 | - |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 10,570.00 | 1.73% |
R2 | 10,493.00 | 0.99% |
R1 | 10,442.00 | 0.500% |
Price | 10,390.00 | |
S1 | 10,368.00 | -0.212% |
S2 | 10,152.50 | -2.29% |
S3 | 10,036.00 | -3.41% |
FAQ
Click here for our free guide on how to buy Xtrackers Lpx Private Equity Swap Ucits Etf ETF.