XLON:ITE
Delisted

SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF Forecast

£0.83
+0 (+0%)
At Close: Oct 03, 2019
RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF price ended at £0.83 on Thursday, after losing 0%.
(Updated on Oct 03, 2019)

Buy or Hold candidate since Sep 17, 2019 PDF

No changes to the price of SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF on the last trading day (Thursday, 3rd Oct 2019). During the last trading day the ETF fluctuated 0% from a day low at £0.83 to a day high of £0.83. The price has been going up and down for this period, and there has been a 0.24% gain for the last 2 weeks.

The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 14.72% during the next 3 months and, with a 90% probability hold a price between £0.85 and £0.98 at the end of this 3-month period.

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ITE.L Signals & Forecast

The SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE 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 £0.83 and £0.777. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, September 23, 2019, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Monday, July 22, 2019 in the short-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 SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF

SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE finds support from accumulated volume at £0.81 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 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0%

Our recommended stop-loss: £0.779 (-5.56%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (ITE.L) For The Upcoming Trading Day Of Friday 4th

For the upcoming trading day on Friday, 4th we expect SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF to open at £0.83, and during the day (based on 14 day Average True Range), to move between £0.81 and £0.84, which gives a possible trading interval of +/-£0.0115 (+/-1.39%) up or down from last closing price. If SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF takes out the full calculated possible swing range there will be an estimated 2.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £0.84 (1.58%) than the support at £0.81 (2.06%), 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 SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF to perform well in the short-term.

Current score: 4.090 Buy Candidate Unchanged

Predicted Opening Price for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF of Friday, October 4, 2019

Fair opening price October 4, 2019 Current price
£0.83 ( 0.00000000%) £0.83

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

Trading levels for ITE.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.83 0.00000000 %
R2 0.83 0.00000000 %
R1 0.83 0.00000000 %
Current price: 0.83
Support S1 0.83 0.00000000 %
S2 0.83 0.00000000 %
S3 0.83 0.00000000 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0.84 1.58 %
Current price 0.83
Support S1 0.81 -2.06%
S2 0.780 -5.45%
S3 0.700 -15.15%

FAQ

What is the symbol for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF and on which exchange is it traded?
The symbol for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF is ITE.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE ETF to perform well in the short-term.

How to buy SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF?
SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY 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 SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF.

What's the current price of SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF?
As of the end of day on the 2019-10-03, the price of an SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF (ITE.L) share was £0.83.

What is the 52-week high and low for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF?
The 52-week high for SPDR(R) BLOOMBERG BARCLAYS INTERMEDIATE TERM TREASURY ETF ETF is £70.00 and the 52-week low is £0.554.
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