Xtrackers Ftse Vietnam Swap Ucits Etf ETF Forecast

Green day on Tuesday for Xtrackers Ftse Vietnam Swap Ucits Etf
(Updated on Jun 25, 2024)

XVTD.L Signals & Forecast

There are few to no technical positive signals at the moment. The Xtrackers Ftse Vietnam Swap Ucits Etf 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 £26.39 and £26.91. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -5.64%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

Support, Risk & Stop-loss for Xtrackers Ftse Vietnam Swap Ucits Etf ETF

Xtrackers Ftse Vietnam Swap Ucits Etf finds support from accumulated volume at £26.03 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 £0.0300 between high and low, or 0.115%. For the last week the ETF has had daily average volatility of 0.280%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Wednesday, 26th we expect Xtrackers Ftse Vietnam Swap Ucits Etf to open at £26.09, and during the day (based on 14 day Average True Range), to move between £25.76 and £26.40, which gives a possible trading interval of +/-£0.320 (+/-1.23%) up or down from last closing price. If Xtrackers Ftse Vietnam Swap Ucits Etf takes out the full calculated possible swing range there will be an estimated 2.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £26.03 (0.19%) than the resistance at £26.70 (2.38%), 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 Ftse Vietnam Swap Ucits Etf ETF A Buy?

Xtrackers Ftse Vietnam Swap Ucits Etf holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -2.612 Sell Candidate Unchanged

Predicted Opening Price for Xtrackers Ftse Vietnam Swap Ucits Etf of Wednesday, June 26, 2024

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