NASDAQ:BUFF
Delisted

Blue Buffalo Pet Products ETF Forecast

$40.00
+0 (+0%)
At Close: Jun 06, 2018
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Blue Buffalo Pet Products ETF downgraded from Buy Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Jun 06, 2018)

Buy or Hold candidate since Apr 20, 2018 PDF

No changes to the price of Blue Buffalo Pet Products ETF on the last trading day (Wednesday, 6th Jun 2018). During the last trading day the ETF fluctuated 0% from a day low at $40.00 to a day high of $40.00. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

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 Blue Buffalo Pet Products ETF with a 90% probability to be traded between $40.13 and $40.38 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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BUFF Signals & Forecast

The Blue Buffalo Pet Products 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 $40.00 and $39.99. A breakdown below any of these levels will issue sell signals. 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 Tuesday, June 05, 2018, and so far it has fallen 0%. 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 on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for Blue Buffalo Pet Products ETF

Blue Buffalo Pet Products finds support from accumulated volume at $39.94 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0%

Our recommended stop-loss: $38.40 (-4.00%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (BUFF) For The Upcoming Trading Day Of Thursday 7th

For the upcoming trading day on Thursday, 7th we expect Blue Buffalo Pet Products to open at $40.00, and during the day (based on 14 day Average True Range), to move between $39.99 and $40.01, which gives a possible trading interval of +/-$0.0080 (+/-0.02%) up or down from last closing price. If Blue Buffalo Pet Products takes out the full calculated possible swing range there will be an estimated 0.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $40.01 (0.02%) than the support at $39.94 (0.15%), 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 Blue Buffalo Pet Products ETF A Buy?

Blue Buffalo Pet Products 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.420 Hold/Accumulate Downgraded

Predicted Opening Price for Blue Buffalo Pet Products of Thursday, June 7, 2018

Fair opening price June 7, 2018 Current price
$40.00 ( 0%) $40.00

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

Trading levels for BUFF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 40.00 .
R2 40.00 .
R1 40.00 .
Current price: 40.00
Support S1 40.00 .
S2 40.00 .
S3 40.00 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 40.01 0.0250 %
Current price 40.00
Support S1 39.94 -0.150%
S2 39.86 -0.350%
S3 39.77 -0.575%

FAQ

What is the symbol for Blue Buffalo Pet Products ETF and on which exchange is it traded?
The symbol for Blue Buffalo Pet Products is BUFF and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Blue Buffalo Pet Products ETF?
Blue Buffalo Pet Products 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Blue Buffalo Pet Products ETF?
Blue Buffalo Pet Products ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Blue Buffalo Pet Products ETF.

What's the current price of Blue Buffalo Pet Products ETF?
As of the end of day on the 2018-06-06, the price of an Blue Buffalo Pet Products (BUFF) share was $40.00.

What is the 52-week high and low for Blue Buffalo Pet Products ETF?
The 52-week high for Blue Buffalo Pet Products ETF is $40.15 and the 52-week low is $21.51.
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About Blue Buffalo Pet Products

Blue Buffalo Pet Products, Inc., through its subsidiary, Blue Buffalo Company, Ltd., operates as a pet food company in the United States, Canada, Japan, and Mexico. The company develops, produces, markets, and sells dog and cat food under the BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom, and BLUE Natural Veterinary Diet lines. It also produces and sells cat litter under the BLUE Naturally Fresh line. The company sells ... BUFF Profile

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