Spdr S&p Global Dividend Aristocrats ETF Forecast
Spdr S&p Global Dividend Aristocrats ETF price ended at 29.16€ on Friday, after gaining 1.07%.
(Updated on Jun 28, 2024)
The Spdr S&p Global Dividend Aristocrats ETF price gained 1.07% on the last trading day (Friday, 28th Jun 2024), rising from 28.85€ to 29.16€. During the last trading day the ETF fluctuated 0.464% from a day low at 29.09€ to a day high of 29.22€. The price has been going up and down for this period, and there has been a 1.89% gain for the last 2 weeks. Volume fell on the last day by -13 thousand shares and in total, 11 thousand shares were bought and sold for approximately 326.30€ 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 Spdr S&p Global Dividend Aristocrats ETF with a 90% probability to be traded between 29.26€ and 30.45€ 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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ZPRG.F Signals & Forecast
The Spdr S&p Global Dividend Aristocrats 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 28.99€ and 29.09€. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 29, 2024, and so far it has risen 1.99%. Further rise is indicated until a new top pivot has been found. 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. 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 also not.
Support, Risk & Stop-loss for Spdr S&p Global Dividend Aristocrats ETF
Spdr S&p Global Dividend Aristocrats finds support from accumulated volume at 29.06€ 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 0.135€ between high and low, or 0.464%. For the last week the ETF has had daily average volatility of 0.90%
Our recommended stop-loss: 27.68€ (-5.08%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 29 days ago.)
Trading Expectations (ZPRG.F) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Spdr S&p Global Dividend Aristocrats Ucits Etf to open at 29.16€, and during the day (based on 14 day Average True Range), to move between 28.91€ and 29.41€, which gives a possible trading interval of +/-0.251€ (+/-0.86%) up or down from last closing price. If Spdr S&p Global Dividend Aristocrats Ucits Etf takes out the full calculated possible swing range there will be an estimated 1.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at 29.22€ (0.21%) than the support at 29.06€ (0.34%), 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 Spdr S&p Global Dividend Aristocrats 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 Spdr S&p Global Dividend Aristocrats ETF to perform well in the short-term period.
Current score: 2.798 Buy Candidate Unchanged
Predicted Opening Price for Spdr S&p Global Dividend Aristocrats Ucits Etf of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| 29.16€ ( 0.0171%) | 29.16€ |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for ZPRG.F
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.29 | 0.446% |
| R2 | 29.24 | 0.269% |
| R1 | 29.21 | 0.160% |
| Price | 29.16 | |
| S1 | 29.10 | -0.194% |
| S2 | 29.07 | -0.303% |
| S3 | 29.02 | -0.480% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.55 | 1.34% |
| R2 | 29.48 | 1.10% |
| R1 | 29.22 | 0.206% |
| Price | 29.16 | |
| S1 | 29.06 | -0.343% |
| S2 | 28.75 | -1.41% |
| S3 | 28.59 | -1.95% |
ZPRG Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 02, 2024 | May 02, 2024 | May 10, 2024 | 0.279€ | 0% |
| 2 | Feb 01, 2024 | Feb 01, 2024 | Feb 15, 2024 | 0.221€ | 0% |
| 3 | Nov 01, 2023 | Nov 01, 2023 | Nov 09, 2023 | 0.282€ | 0% |
| 4 | Aug 01, 2023 | Aug 01, 2023 | Aug 15, 2023 | 0.400€ | 0% |
| 5 | May 02, 2023 | May 02, 2023 | May 10, 2023 | 0.291€ | 0% |
FAQ
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