God Bless America Etf ETF Forecast
Red day on Tuesday for God Bless America Etf ETF after losing 0.0289%
(Updated on Jun 18, 2024)
The God Bless America Etf ETF price fell by -0.0289% on the last day (Tuesday, 18th Jun 2024) from $34.66 to $34.65. During the last trading day the ETF fluctuated 0.451% from a day low at $34.56 to a day high of $34.72. The price has been going up and down for this period, and there has been a 3.09% gain for the last 2 weeks. Volume has increased on the last day by 2 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, 9 thousand shares were bought and sold for approximately $310.29 thousand.
The ETF lies in the upper part of a narrow and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $34.75 will firstly indicate a stronger rate of rising. 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 $35.71 and $36.32 at the end of this 3-month period.
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YALL Signals & Forecast
The God Bless America Etf 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 $34.22 and $33.77. 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 17, 2024, and so far it has fallen -0.0289%. Further fall is indicated until a new bottom pivot has been found. God Bless America Etf 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".
Support, Risk & Stop-loss for God Bless America Etf ETF
God Bless America Etf finds support from accumulated volume at $34.30 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 $0.156 between high and low, or 0.451%. For the last week the ETF has had daily average volatility of 0.99%.
Our recommended stop-loss: $33.78 (-2.51%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)
Trading Expectations (YALL) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect God Bless America Etf to open at $34.64, and during the day (based on 14 day Average True Range), to move between $34.29 and $35.01, which gives a possible trading interval of +/-$0.365 (+/-1.05%) up or down from last closing price. If God Bless America Etf takes out the full calculated possible swing range there will be an estimated 2.11% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $34.66 (0.03%) than the support at $34.30 (1.01%), 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 God Bless America Etf ETF A Buy?
God Bless America Etf 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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for God Bless America Etf of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| $34.64 ( 0.0250%) | $34.65 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for YALL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 34.80 | 0.425% |
| R2 | 34.74 | 0.253% |
| R1 | 34.70 | 0.147% |
| Price | 34.65 | |
| S1 | 34.58 | -0.197% |
| S2 | 34.54 | -0.303% |
| S3 | 34.49 | -0.475% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 34.66 | 0.0289% |
| Price | 34.65 | |
| S1 | 34.30 | -1.01% |
| S2 | 33.91 | -2.14% |
| S3 | 33.61 | -3.00% |
YALL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 21, 2023 | Dec 22, 2023 | Dec 27, 2023 | $1.03 | 3.49% |
| 2 | Dec 21, 2022 | Dec 22, 2022 | Dec 27, 2022 | $0.0418 | 0.193% |
FAQ
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