Xtrackers Msci Usa Consumer ETF Forecast

Red day on Tuesday for Xtrackers Msci Usa Consumer ETF after losing 0.709%
(Updated on Jun 25, 2024)

XUCD.L Signals & Forecast

The Xtrackers Msci Usa Consumer ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $72.64 and $71.62. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -0.709%. Further fall is indicated until a new bottom pivot has been found. Xtrackers Msci Usa Consumer gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The ETF had a Golden Star Signal on Tuesday, June 04, 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 Msci Usa Consumer ETF

Xtrackers Msci Usa Consumer finds support from accumulated volume at $72.16 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 $0.270 between high and low, or 0.371%. For the last week the ETF has had daily average volatility of 0.387%.

Our recommended stop-loss: $70.90 (-2.70%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (XUCD.L) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Xtrackers Msci Usa Consumer Discretionary Ucits Etf to open at $72.91, and during the day (based on 14 day Average True Range), to move between $72.20 and $73.54, which gives a possible trading interval of +/-$0.673 (+/-0.92%) up or down from last closing price. If Xtrackers Msci Usa Consumer Discretionary Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $72.88 (0.01%) than the support at $72.16 (0.98%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Xtrackers Msci Usa Consumer Discretionary Ucits Etf ETF A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Xtrackers Msci Usa Consumer ETF to perform well in the short-term period.

Current score: 2.328 Buy Candidate Unchanged

Predicted Opening Price for Xtrackers Msci Usa Consumer Discretionary Ucits Etf of Wednesday, June 26, 2024

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