Xtrackers Msci Usa Health Care Ucits Etf ETF Forecast
Evaluation of Xtrackers Msci Usa Health Care Ucits Etf ETF downgraded after the last trading session.
(Updated on Jul 02, 2024)
The Xtrackers Msci Usa Health Care Ucits Etf ETF price fell by -0.95% on the last day (Tuesday, 2nd Jul 2024) from $58.83 to $58.27. During the last trading day the ETF fluctuated 0.550% from a day low at $58.19 to a day high of $58.51. The price has fallen in 5 of the last 10 days and is down by -0.34% for this period. Volume has increased on the last day by 23 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, 50 thousand shares were bought and sold for approximately $2.90 million.
The ETF lies in the middle of a narrow and 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 4.52% during the next 3 months and, with a 90% probability hold a price between $60.47 and $62.54 at the end of this 3-month period.
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XUHC.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 Msci Usa Health Care Ucits Etf 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 $59.05 and $58.45. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -2.20%. Further fall is indicated until a new bottom pivot has been found. 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 Usa Health Care Ucits Etf ETF
Xtrackers Msci Usa Health Care Ucits Etf finds support from accumulated volume at $56.26 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 $0.320 between high and low, or 0.550%. For the last week the ETF has had daily average volatility of 0.286%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (XUHC.L) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Xtrackers Msci Usa Health Care Ucits Etf to open at $58.32, and during the day (based on 14 day Average True Range), to move between $57.93 and $58.61, which gives a possible trading interval of +/-$0.342 (+/-0.59%) up or down from last closing price. If Xtrackers Msci Usa Health Care Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.17% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $58.53 (0.45%) than the support at $56.26 (3.45%), 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 Health Care Ucits Etf ETF A Buy?
The Xtrackers Msci Usa Health Care Ucits Etf ETF holds several negative signals and despite the positive trend, we believe Xtrackers Msci Usa Health Care Ucits Etf 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 Hold/Accumulate to a Sell candidate.
Current score: -2.068 Sell Candidate Downgraded
Predicted Opening Price for Xtrackers Msci Usa Health Care Ucits Etf of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $58.32 ( 0.0915%) | $58.27 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XUHC.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.64 | 0.641% |
| R2 | 58.52 | 0.431% |
| R1 | 58.45 | 0.301% |
| Price | 58.27 | |
| S1 | 58.20 | -0.118% |
| S2 | 58.13 | -0.248% |
| S3 | 58.00 | -0.458% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 58.83 | 0.96% |
| R2 | 58.71 | 0.755% |
| R1 | 58.53 | 0.446% |
| Price | 58.27 | |
| S1 | 56.26 | -3.45% |
| S2 | 55.96 | -3.96% |
| S3 | 55.70 | -4.41% |
XUHC Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Feb 21, 2024 | Mar 07, 2024 | $0.348 | 0.589% |
| 2 | Aug 23, 2023 | Aug 23, 2023 | Aug 23, 2023 | $0.343 | 0.641% |
| 3 | Feb 08, 2023 | Feb 08, 2023 | Feb 08, 2023 | $0.315 | 0.592% |
| 4 | Aug 10, 2022 | Aug 10, 2022 | Aug 10, 2022 | $0.331 | 0.622% |
| 5 | Apr 27, 2022 | Apr 27, 2022 | Apr 27, 2022 | $0.545 | 1.03% |
FAQ
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