PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF Forecast
Green day on Wednesday for PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS
(Updated on Apr 17, 2024)
The PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF price gained 0.228% on the last trading day (Wednesday, 17th Apr 2024), rising from $48.26 to $48.37. During the last trading day the ETF fluctuated 1.73% from a day low at $48.04 to a day high of $48.87. The price has fallen in 6 of the last 10 days and is down by -6.04% for this period. Volume fell on the last day by -9 thousand shares and in total, 15 thousand shares were bought and sold for approximately $742.09 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.
The ETF lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $48.37 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 14.11% during the next 3 months and, with a 90% probability hold a price between $55.19 and $61.66 at the end of this 3-month period.
IPAY Signals & Forecast
There are few to no technical positive signals at the moment. The PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $49.69 and $50.78. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -8.11%. 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 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. The ETF had a Golden Star Signal on Wednesday, June 28, 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.
Golden Star 12 Months
The ETF had a Golden Star Signal on Wednesday, June 28, 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 PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF
PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS finds support from accumulated volume at $47.36 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 controlled movements and therefore the general risk is considered 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 $0.83 between high and low, or 1.73%. For the last week the ETF has had daily average volatility of 1.96%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IPAY) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF to open at $48.43, and during the day (based on 14 day Average True Range), to move between $47.48 and $49.26, which gives a possible trading interval of +/-$0.89 (+/-1.85%) up or down from last closing price. If PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF takes out the full calculated possible swing range there will be an estimated 3.69% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $47.36 (2.09%) than the resistance at $49.90 (3.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF ETF A Buy?
The PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS ETF holds several negative signals and despite the positive trend, we believe PUREFUNDS ISE MOBILE PAYMENTS PUREFUNDS will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.
Current score: -2.098 Sell Candidate Unchanged
Predicted Opening Price for PUREFUNDS ISE MOBILE PAYMENTS ETF PUREFUNDS ISE MOBILE PAYMENTS ETF of Thursday, April 18, 2024
Fair opening price April 18, 2024 | Current price |
---|---|
$48.43 ( 0.117%) | $48.37 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IPAY
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 49.26 | 1.83 % | |
R2 | 48.94 | 1.18 % | ||
R1 | 48.74 | 0.773 % | ||
Current price: | 48.37 | |||
Support | S1 | 48.11 | -0.538 % | |
S2 | 47.91 | -0.94 % | ||
S3 | 47.60 | -1.60 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 51.36 | 6.18 % | |
R2 | 50.55 | 4.51 % | ||
R1 | 49.90 | 3.16 % | ||
Current price | 48.37 | |||
Support | S1 | 47.36 | -2.09% | |
S2 | 46.55 | -3.76% | ||
S3 | 44.49 | -8.02% |
IPAY Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 26, 2024 | Mar 26, 2024 | Mar 28, 2024 | $0.0101 | 0.0192% |
2 | Dec 27, 2023 | Dec 27, 2023 | Dec 27, 2023 | $0.0430 | 0.0920% |
3 | Dec 30, 2019 | Dec 30, 2019 | Dec 30, 2019 | $0.0150 | 0.0304% |
4 | Dec 21, 2018 | Dec 24, 2018 | Dec 27, 2018 | $0.231 | 0.670% |
5 | Dec 22, 2017 | Dec 26, 2017 | Dec 28, 2017 | $0.0090 | 0.0259% |
FAQ
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