RSI low/high Values: [ 20 - 80 ]
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Stronger technical forecast for ISHARES MSCI ITALY ETF stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The ISHARES MSCI ITALY ETF stock price gained 0.684% on the last trading day (Wednesday, 27th Mar 2024), rising from £146.20 to £147.20. During the last trading day the stock fluctuated 1.79% from a day low at £145.20 to a day high of £147.80. The price has fallen in 5 of the last 10 days and is down by -0.54% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 452 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately £223.59 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.23% during the next 3 months and, with a 90% probability hold a price between £136.04 and £147.11 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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EWI.L Signals & Forecast

Mostly positive signals in the chart today. The ISHARES MSCI ITALY ETF stock 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 £146.71 and £146.54. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.96%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 18, 2024 and based on theory for this formation the price should go up by 1.59% to £149.53 within 18 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for ISHARES MSCI ITALY ETF stock

ISHARES MSCI ITALY ETF finds support from accumulated volume at £147.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £2.60 between high and low, or 1.79%. For the last week the stock has had daily average volatility of 2.14%.

Our recommended stop-loss: £138.97 (-5.59%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (EWI.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ISHARES MSCI ITALY ETF to open at £146.73, and during the day (based on 14 day Average True Range), to move between £144.36 and £150.04, which gives a possible trading interval of +/-£2.84 (+/-1.93%) up or down from last closing price. If ISHARES MSCI ITALY ETF takes out the full calculated possible swing range there will be an estimated 3.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £147.00 (0.14%) than the resistance at £148.00 (0.54%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ISHARES MSCI ITALY ETF stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.510 Buy Candidate Upgraded

Predicted Opening Price for ISHARES MSCI ITALY ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£146.73 ( 0.317%) £147.20

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

Trading levels for EWI.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 149.33 1.45 %
R2 148.34 0.775 %
R1 147.73 0.358 %
Current price: 147.20
Support S1 145.74 -0.99 %
S2 145.13 -1.41 %
S3 144.13 -2.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 148.40 0.82 %
R2 148.20 0.679 %
R1 148.00 0.543 %
Current price 147.20
Support S1 147.00 -0.136%
S2 146.20 -0.679%
S3 146.00 -0.82%

EWI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 12, 2014 Jan 08, 2015 Feb 05, 2015 £0.300 0.368%
2 Jun 09, 2014 Jun 18, 2014 Jul 17, 2014 £0.100 0.135%
3 Dec 13, 2013 Jan 08, 2014 Feb 06, 2014 £0.300 0.371%
4 Jun 11, 2013 Jun 19, 2013 Jul 18, 2013 £0.100 0.147%
5 Dec 04, 2012 Jan 09, 2013 Feb 06, 2013 £0.300 0.472%

FAQ

What is the symbol for ISHARES MSCI ITALY ETF Stock and on which exchange is it traded?
The symbol for ISHARES MSCI ITALY ETF is EWI.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell ISHARES MSCI ITALY ETF Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy ISHARES MSCI ITALY ETF Stock?
ISHARES MSCI ITALY ETF Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ISHARES MSCI ITALY ETF Stock.

What's the current price of ISHARES MSCI ITALY ETF Stock?
As of the end of day on the 2024-03-27, the price of an ISHARES MSCI ITALY ETF (EWI.L) share was £147.20.

What is the 52-week high and low for ISHARES MSCI ITALY ETF Stock?
The 52-week high for ISHARES MSCI ITALY ETF Stock is £160.20 and the 52-week low is £120.80.

What is the market capitalization of ISHARES MSCI ITALY ETF Stock?
As of the 2024-03-27, the market capitalization of ISHARES MSCI ITALY ETF is 572.876M.

When is the next earnings date for ISHARES MSCI ITALY ETF?
The upcoming earnings date for ISHARES MSCI ITALY ETF is Jun 06, 2024.
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About ISHARES MSCI ITALY ETF

Edinburgh Worldwide Investment Trust plc is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in growth stocks of small cap companies having market capitalization of less than $5 billion. The fund b... EWI.L Profile

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