Xtrackers Ii Us Treasuries Ucits Etf ETF Forecast
Xtrackers Ii Us Treasuries Ucits Etf ETF upgraded to Buy Candidate.
(Updated on Jun 24, 2024)
The Xtrackers Ii Us Treasuries Ucits Etf ETF price gained 0.0582% on the last trading day (Monday, 24th Jun 2024), rising from 92.79€ to 92.84€. During the last trading day the ETF fluctuated 0.196% from a day low at 92.79€ to a day high of 92.97€. The price has risen in 7 of the last 10 days and is up by 1.28% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 thousand more shares were traded than the day before. In total, 15 thousand shares were bought and sold for approximately 1.40€ million.
The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at 93.11€ will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Xtrackers Ii Us Treasuries Ucits Etf ETF with a 90% probability to be traded between 91.45€ and 93.60€ 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.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
XUTE.F Signals & Forecast
The Xtrackers Ii Us Treasuries Ucits Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately 92.90€. On a fall, the ETF will find some support from the long-term average at approximately 92.20€. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Xtrackers Ii Us Treasuries Ucits Etf has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. 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 Wednesday, June 19, 2024, and so far it has fallen -0.262%. Further fall is indicated until a new bottom pivot has been found. The ETF had a Golden Star Signal on Friday, May 31, 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 Friday, May 31, 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 Ii Us Treasuries Ucits Etf ETF
Xtrackers Ii Us Treasuries Ucits Etf finds support from accumulated volume at 92.36€ 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 0.182€ between high and low, or 0.196%. For the last week the ETF has had daily average volatility of 0.273%.
Our recommended stop-loss: 89.27€ (-3.85%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 18 days ago.)
Trading Expectations (XUTE.F) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect Xtrackers Ii Us Treasuries Ucits Etf to open at 92.87€, and during the day (based on 14 day Average True Range), to move between 92.47€ and 93.22€, which gives a possible trading interval of +/-0.372€ (+/-0.40%) up or down from last closing price. If Xtrackers Ii Us Treasuries Ucits Etf takes out the full calculated possible swing range there will be an estimated 0.80% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 92.95€ (0.11%) than the support at 92.36€ (0.52%), 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 Ii Us Treasuries 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 Ii Us Treasuries Ucits Etf ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 2.814 Buy Candidate Upgraded
Predicted Opening Price for Xtrackers Ii Us Treasuries Ucits Etf of Tuesday, June 25, 2024
Fair opening price June 25, 2024 | Current price |
---|---|
92.87€ ( 0.0266%) | 92.84€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for XUTE.F
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 93.05 | 0.223% |
R2 | 92.98 | 0.148% |
R1 | 92.94 | 0.101% |
Price | 92.84 | |
S1 | 92.80 | -0.0483% |
S2 | 92.76 | -0.0946% |
S3 | 92.69 | -0.169% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 93.35 | 0.545% |
R2 | 93.09 | 0.263% |
R1 | 92.95 | 0.114% |
Price | 92.84 | |
S1 | 92.36 | -0.521% |
S2 | 91.75 | -1.18% |
S3 | 90.95 | -2.04% |
XUTE Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | May 22, 2024 | May 22, 2024 | Jun 07, 2024 | 0.658€ | 0% |
2 | Feb 21, 2024 | Feb 21, 2024 | Feb 21, 2024 | 1.23€ | 0% |
3 | Nov 15, 2023 | Nov 15, 2023 | Nov 30, 2023 | 0.676€ | 0% |
4 | Aug 23, 2023 | Aug 23, 2023 | Sep 07, 2023 | 0.592€ | 0% |
5 | May 24, 2023 | May 24, 2023 | Jun 07, 2023 | 0.549€ | 0% |
FAQ
Click here for our free guide on how to buy Xtrackers Ii Us Treasuries Ucits Etf ETF.