Customers Bancorp Inc ETF Forecast

Stronger technical forecast for Customers Bancorp Inc ETF price after Friday trading.
(Updated on Aug 24, 2018)

CUBS Signals & Forecast

The Customers Bancorp Inc 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 $25.18 and $25.17. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 04, 2018, and so far it has risen 0.398%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. 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. The ETF had a Golden Star Signal on Friday, July 13, 2018 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 Customers Bancorp Inc ETF

Customers Bancorp Inc finds support from accumulated volume at $25.12 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: $23.75 (-5.70%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 58 days ago.)

Trading Expectations (CUBS) For The Upcoming Trading Day Of Monday 27th

For the upcoming trading day on Monday, 27th we expect Customers Bancorp Inc to open at $25.18, and during the day (based on 14 day Average True Range), to move between $25.18 and $25.18, which gives a possible trading interval of +/-$0.0039 (+/-0.02%) up or down from last closing price. If Customers Bancorp Inc takes out the full calculated possible swing range there will be an estimated 0.03% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.18 (0.01%) than the support at $25.12 (0.24%), 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 Customers Bancorp Inc 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 Customers Bancorp Inc 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: 1.890 Buy Candidate Upgraded

Predicted Opening Price for Customers Bancorp Inc of Monday, August 27, 2018

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