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 ILF
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Stronger technical forecast for iShares Latin America 40 ETF price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The iShares Latin America 40 ETF price gained 0.568% on the last trading day (Wednesday, 27th Mar 2024), rising from $28.18 to $28.34. It has now gained 3 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 1.10% from a day low at $28.07 to a day high of $28.38. The price has fallen in 6 of the last 10 days but is still up by 0.57% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 145 thousand more shares were traded than the day before. In total, 644 thousand shares were bought and sold for approximately $18.24 million.

The ETFis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $28.64 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect iShares Latin America 40 ETF with a 90% probability to be traded between $26.86 and $28.39 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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ILF Signals & Forecast

Mostly positive signals in the chart today. The iShares Latin America 40 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 $28.17 and $28.16. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 08, 2024, and so far it has risen 2.35%. 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. The ETF had a Golden Star Signal on Thursday, February 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, September 13, 2023.

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

The ETF had a Golden Star Signal on Thursday, February 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, September 13, 2023.

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 Thursday, February 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, September 13, 2023.

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 iShares Latin America 40 ETF

iShares Latin America 40 finds support from accumulated volume at $28.09 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 $0.310 between high and low, or 1.10%. For the last week the ETF has had daily average volatility of 0.86%.

Our recommended stop-loss: $26.74 (-5.65%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect iShares Latin America 40 to open at $28.26, and during the day (based on 14 day Average True Range), to move between $28.01 and $28.67, which gives a possible trading interval of +/-$0.332 (+/-1.17%) up or down from last closing price. If iShares Latin America 40 takes out the full calculated possible swing range there will be an estimated 2.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $28.37 (0.11%) than the support at $28.09 (0.88%), 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 Latin America 40 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 iShares Latin America 40 ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 1.281 Buy Candidate Upgraded

Predicted Opening Price for iShares Latin America 40 of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$28.26 ( 0.282%) $28.34

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

Trading levels for ILF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.57 0.81 %
R2 28.45 0.394 %
R1 28.38 0.136 %
Current price: 28.34
Support S1 28.14 -0.700 %
S2 28.07 -0.96 %
S3 27.95 -1.38 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 28.50 0.565 %
R2 28.46 0.423 %
R1 28.37 0.106 %
Current price 28.34
Support S1 28.09 -0.88%
S2 28.06 -0.99%
S3 27.98 -1.27%

ILF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 20, 2023 Dec 20, 2023 Dec 20, 2023 $0.86 3.04%
2 Nov 29, 2022 Jun 07, 2023 Jun 13, 2023 $0.479 1.79%
3 Dec 24, 2021 Dec 13, 2022 Dec 19, 2022 $1.81 8.16%
4 Dec 24, 2021 Jun 09, 2022 Jun 15, 2022 $1.10 4.55%
5 Dec 17, 2020 Dec 13, 2021 Dec 17, 2021 $1.61 6.88%

FAQ

What is the symbol for iShares Latin America 40 ETF and on which exchange is it traded?
The symbol for iShares Latin America 40 is ILF and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell iShares Latin America 40 ETF?
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 iShares Latin America 40 ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

How to buy iShares Latin America 40 ETF?
iShares Latin America 40 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 Latin America 40 ETF.

What's the current price of iShares Latin America 40 ETF?
As of the end of day on the 2024-03-27, the price of an iShares Latin America 40 (ILF) share was $28.34.

What is the 52-week high and low for iShares Latin America 40 ETF?
The 52-week high for iShares Latin America 40 ETF is $29.84 and the 52-week low is $23.03.

What is the market capitalization of iShares Latin America 40 ETF?
As of the 2024-03-27, the market capitalization of iShares Latin America 40 is 1.353B.
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About iShares Latin America 40

ILF was created on 10/25/01 by Blackrock. The ETF tracks a market-cap-weighted index of 40 of the largest Latin American firms.... ILF Profile

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