iShares FTSE EPRA/NAREIT Global Real ETF Forecast

$21.25
+0.230 (+1.09%)
At Close: Mar 27, 2024
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.
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iShares FTSE EPRA/NAREIT Global Real ETF price ended at $21.25 on Wednesday, after gaining 1.09%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 07, 2024 Gain 3.46% PDF

The iShares FTSE EPRA/NAREIT Global Real ETF price gained 1.09% on the last trading day (Wednesday, 27th Mar 2024), rising from $21.02 to $21.25. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 0.81% from a day low at $21.08 to a day high of $21.25. The price has risen in 7 of the last 10 days and is up by 3.26% over the past 2 weeks. Volume fell on the last day by -8 thousand shares and in total, 13 thousand shares were bought and sold for approximately $282.22 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.

Given the current short-term trend, the ETF is expected to fall -2.82% during the next 3 months and, with a 90% probability hold a price between $19.05 and $20.65 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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IFGL Signals & Forecast

The iShares FTSE EPRA/NAREIT Global Real 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 $20.99 and $20.47. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 6.73%. 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 iShares FTSE EPRA/NAREIT Global Real ETF

iShares FTSE EPRA/NAREIT Global Real finds support from accumulated volume at $20.80 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 $0.170 between high and low, or 0.81%. For the last week the ETF has had daily average volatility of 0.464%

The iShares FTSE EPRA/NAREIT Global Real ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.

Our recommended stop-loss: $20.49 (-3.59%) (This ETF has low daily movements and this gives low risk. The RSI14 is 78 and this increases the risk substantially. There is a buy signal from a pivot bottom found 30 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund to open at $21.19, and during the day (based on 14 day Average True Range), to move between $21.07 and $21.43, which gives a possible trading interval of +/-$0.176 (+/-0.83%) up or down from last closing price. If iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund takes out the full calculated possible swing range there will be an estimated 1.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.36 (0.52%) than the support at $20.80 (2.12%), 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 iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.

Current score: 1.009 Buy Candidate Unchanged

Predicted Opening Price for iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$21.19 ( 0.267%) $21.25

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

Trading levels for IFGL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.36 0.533 %
R2 21.30 0.228 %
R1 21.26 0.0389 %
Current price: 21.25
Support S1 21.13 -0.572 %
S2 21.09 -0.761 %
S3 21.02 -1.07 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.80 2.59 %
R2 21.76 2.40 %
R1 21.36 0.518 %
Current price 21.25
Support S1 20.80 -2.12%
S2 20.74 -2.40%
S3 20.64 -2.87%

IFGL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Mar 21, 2024 Mar 27, 2024 $0.111 0.525%
2 Sep 25, 2023 Sep 26, 2023 Oct 02, 2023 $0.202 1.09%
3 Jun 06, 2023 Jun 07, 2023 Jun 13, 2023 $0.194 0.95%
4 Sep 23, 2022 Sep 26, 2022 Sep 30, 2022 $0.200 1.05%
5 Jun 08, 2022 Jun 09, 2022 Jun 15, 2022 $0.220 0.97%

FAQ

What is the symbol for iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF and on which exchange is it traded?
The symbol for iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund is IFGL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF?
Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.

How to buy iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF?
iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF.

What's the current price of iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF?
As of the end of day on the 2024-03-27, the price of an iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund (IFGL) share was $21.25.

What is the 52-week high and low for iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF?
The 52-week high for iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF is $21.88 and the 52-week low is $17.69.

What is the market capitalization of iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ETF?
As of the 2024-03-27, the market capitalization of iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund is 110.586M.
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About iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund

The investment seeks to track the investment results of the FTSE EPRA/NAREIT Developed ex-U.S. Index composed of real estate equities in developed non-U.S. markets. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index measures the ... IFGL Profile

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