Xtrackers (ie) Plc - Xtrackers Usd High ETF Forecast
Xtrackers (ie) Plc - Xtrackers Usd High ETF price ended at $12.56 on Tuesday, after gaining 0.0398%.
(Updated on Jun 25, 2024)
The Xtrackers (ie) Plc - Xtrackers Usd High ETF price gained 0.0398% on the last trading day (Tuesday, 25th Jun 2024), rising from $12.56 to $12.56. During the last trading day the ETF fluctuated 0.510% from a day low at $12.54 to a day high of $12.61. The price has risen in 8 of the last 10 days and is up by 0.86% over the past 2 weeks. Volume fell on the last day by -4 thousand shares and in total, 2 thousand shares were bought and sold for approximately $29.25 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Xtrackers (ie) Plc - Xtrackers Usd High ETF with a 90% probability to be traded between $12.37 and $12.71 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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XUHY.L Signals & Forecast
The Xtrackers (ie) Plc - Xtrackers Usd High ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $12.54 and $12.54. 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 Thursday, June 13, 2024, and so far it has fallen -0.0557%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. 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 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 29, 2023.
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 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 29, 2023.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 12 Months
The ETF had a Golden Star Signal on Wednesday, June 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 29, 2023.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.
A buy signal from a double bottom formation was found on Wednesday, May 29, 2024 and based on theory for this formation the price should go up by 1.13% to $12.70 within 29 trading days since signal was issued (Tuesday, July 09, 2024).
Support, Risk & Stop-loss for Xtrackers (ie) Plc - Xtrackers Usd High ETF
Xtrackers (ie) Plc - Xtrackers Usd High finds support from accumulated volume at $12.54 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 $0.0640 between high and low, or 0.510%. For the last week the ETF has had daily average volatility of 0.481%
Our recommended stop-loss: $12.15 (-3.30%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)
Trading Expectations (XUHY.L) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Xtrackers (ie) Plc - Xtrackers Usd High Yield Corporate Bond Ucits Etf 1d to open at $12.57, and during the day (based on 14 day Average True Range), to move between $12.49 and $12.63, which gives a possible trading interval of +/-$0.0669 (+/-0.53%) up or down from last closing price. If Xtrackers (ie) Plc - Xtrackers Usd High Yield Corporate Bond Ucits Etf 1d takes out the full calculated possible swing range there will be an estimated 1.07% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $12.54 (0.17%) than the resistance at $12.60 (0.31%), 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 (ie) Plc - Xtrackers Usd High Yield Corporate Bond Ucits Etf 1d ETF A Buy?
Xtrackers (ie) Plc - Xtrackers Usd High holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.475 Hold/Accumulate Unchanged
Predicted Opening Price for Xtrackers (ie) Plc - Xtrackers Usd High Yield Corporate Bond Ucits Etf 1d of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| $12.57 ( 0.0796%) | $12.56 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XUHY.L
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.64 | 0.589% |
| R2 | 12.61 | 0.394% |
| R1 | 12.60 | 0.274% |
| Price | 12.56 | |
| S1 | 12.55 | -0.115% |
| S2 | 12.53 | -0.235% |
| S3 | 12.51 | -0.430% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.67 | 0.87% |
| R2 | 12.62 | 0.470% |
| R1 | 12.60 | 0.310% |
| Price | 12.56 | |
| S1 | 12.54 | -0.167% |
| S2 | 12.44 | -0.96% |
| S3 | 12.43 | -1.04% |
XUHY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 22, 2024 | May 22, 2024 | Jun 07, 2024 | $0.188 | 1.50% |
| 2 | Feb 21, 2024 | Feb 21, 2024 | Mar 07, 2024 | $0.389 | 3.09% |
| 3 | Nov 15, 2023 | Nov 15, 2023 | Nov 15, 2023 | $0.191 | 1.57% |
| 4 | Aug 23, 2023 | Aug 23, 2023 | Aug 23, 2023 | $0.190 | 1.56% |
| 5 | May 24, 2023 | May 24, 2023 | May 24, 2023 | $0.187 | 1.55% |
FAQ
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