RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FXE
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CurrencyShares Euro ETF price down 0.0200% on Wednesday
(Updated on Mar 27, 2024)

Sell candidate since Mar 21, 2024 Loss -0.26% PDF

The CurrencyShares Euro ETF price fell by -0.0200% on the last day (Wednesday, 27th Mar 2024) from $100.07 to $100.05. During the last trading day the ETF fluctuated 0.150% from a day low at $99.91 to a day high of $100.06. The price has fallen in 8 of the last 10 days and is down by -1.03% for this period. Volume has increased on the last day by 12 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, 21 thousand shares were bought and sold for approximately $2.11 million.

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 CurrencyShares Euro ETF with a 90% probability to be traded between $97.89 and $100.31 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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FXE Signals & Forecast

There are few to no technical positive signals at the moment. The CurrencyShares Euro ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $100.25 and $100.13. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.03%. 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 rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Tuesday, June 13, 2023 in the long-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.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Tuesday, June 13, 2023 in the long-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 CurrencyShares Euro ETF

CurrencyShares Euro finds support from accumulated volume at $100.01 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 $0.150 between high and low, or 0.150%. For the last week the ETF has had daily average volatility of 0.229%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FXE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect CurrencyShares Euro ETF to open at $100.01, and during the day (based on 14 day Average True Range), to move between $99.70 and $100.40, which gives a possible trading interval of +/-$0.348 (+/-0.35%) up or down from last closing price. If CurrencyShares Euro ETF takes out the full calculated possible swing range there will be an estimated 0.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $100.01 (0.04%) than the resistance at $100.11 (0.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is CurrencyShares Euro ETF ETF A Buy?

CurrencyShares Euro holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -3.694 Sell Candidate Unchanged

Predicted Opening Price for CurrencyShares Euro ETF of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$100.01 ( 0.0433%) $100.05

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

Trading levels for FXE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 100.16 0.107 %
R2 100.10 0.0493 %
R1 100.06 0.0140 %
Current price: 100.05
Support S1 99.95 -0.101 %
S2 99.91 -0.136 %
S3 99.86 -0.193 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 102.27 2.22 %
R2 100.30 0.250 %
R1 100.11 0.0550 %
Current price 100.05
Support S1 100.01 -0.0450%
S2 99.86 -0.190%
S3 99.16 -0.89%

FXE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 19, 2024 Mar 01, 2024 Mar 08, 2024 $0.185 0.183%
2 Jan 31, 2024 Feb 01, 2024 Feb 08, 2024 $0.198 0.199%
3 Jan 02, 2024 Jan 02, 2024 Jan 02, 2024 $0.202 0.200%
4 Dec 01, 2023 Dec 01, 2023 Dec 01, 2023 $0.193 0.192%
5 Dec 30, 2022 Nov 01, 2023 Oct 10, 2023 $0.194 0.198%

FAQ

What is the symbol for CurrencyShares Euro ETF ETF and on which exchange is it traded?
The symbol for CurrencyShares Euro ETF is FXE and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell CurrencyShares Euro ETF ETF?
CurrencyShares Euro holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

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

What's the current price of CurrencyShares Euro ETF ETF?
As of the end of day on the 2024-03-27, the price of an CurrencyShares Euro ETF (FXE) share was $100.05.

What is the 52-week high and low for CurrencyShares Euro ETF ETF?
The 52-week high for CurrencyShares Euro ETF ETF is $103.84 and the 52-week low is $96.42.

What is the market capitalization of CurrencyShares Euro ETF ETF?
As of the 2024-03-27, the market capitalization of CurrencyShares Euro ETF is 205.249M.
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About CurrencyShares Euro ETF

The investment seeks to reflect the price in USD of the Euro. The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those of holding euro.... FXE Profile

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