Legg Mason Low Volatility High Dividend ETF Forecast

$36.84
+0.220 (+0.601%)
At Close: Mar 28, 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.
AI Analysis of LVHD
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Legg Mason Low Volatility High Dividend ETF upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Legg Mason Low Volatility High Dividend ETF price gained 0.601% on the last trading day (Thursday, 28th Mar 2024), rising from $36.62 to $36.84. During the last trading day the ETF fluctuated 0.627% from a day low at $36.67 to a day high of $36.90. The price has risen in 7 of the last 10 days and is up by 3.48% 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, 6 thousand more shares were traded than the day before. In total, 67 thousand shares were bought and sold for approximately $2.48 million.

Given the current horizontal trend, you can expect Legg Mason Low Volatility High Dividend ETF with a 90% probability to be traded between $34.14 and $36.59 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. 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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LVHD Signals & Forecast

The Legg Mason Low Volatility High Dividend 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 $36.25 and $35.54. 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 6.75%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. 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). The ETF had a Golden Star Signal on Friday, March 01, 2024 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.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Friday, March 01, 2024 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 Legg Mason Low Volatility High Dividend ETF

Legg Mason Low Volatility High Dividend finds support from accumulated volume at $35.94 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 $0.230 between high and low, or 0.627%. For the last week the ETF has had daily average volatility of 0.81%.

Our recommended stop-loss: $35.31 (-4.15%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (LVHD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Legg Mason Low Volatility High Dividend ETF to open at $36.80, and during the day (based on 14 day Average True Range), to move between $36.51 and $37.17, which gives a possible trading interval of +/-$0.332 (+/-0.90%) up or down from last closing price. If Legg Mason Low Volatility High Dividend ETF takes out the full calculated possible swing range there will be an estimated 1.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.86 (0.05%) than the support at $35.94 (2.44%), 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 Legg Mason Low Volatility High Dividend ETF 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 Legg Mason Low Volatility High Dividend ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.264 Buy Candidate Upgraded

Predicted Opening Price for Legg Mason Low Volatility High Dividend ETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$36.80 ( 0.0995%) $36.84

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

Trading levels for LVHD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 37.03 0.525 %
R2 36.95 0.286 %
R1 36.89 0.139 %
Current price: 36.84
Support S1 36.72 -0.338 %
S2 36.66 -0.485 %
S3 36.57 -0.724 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 36.86 0.0543 %
Current price 36.84
Support S1 35.94 -2.44%
S2 35.22 -4.40%
S3 35.09 -4.75%

LVHD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 08, 2024 Feb 13, 2024 $0.138 0.400%
2 Dec 27, 2023 Dec 28, 2023 Jan 03, 2024 $0.211 0.577%
3 Nov 01, 2023 Nov 02, 2023 Nov 07, 2023 $0.385 1.14%
4 Aug 02, 2023 Aug 03, 2023 Aug 08, 2023 $0.365 0.99%
5 May 03, 2023 May 04, 2023 May 09, 2023 $0.281 0.767%

FAQ

What is the symbol for Legg Mason Low Volatility High Dividend ETF ETF and on which exchange is it traded?
The symbol for Legg Mason Low Volatility High Dividend ETF is LVHD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Legg Mason Low Volatility High Dividend ETF 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 Legg Mason Low Volatility High Dividend ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Legg Mason Low Volatility High Dividend ETF ETF?
Legg Mason Low Volatility High Dividend 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 Legg Mason Low Volatility High Dividend ETF ETF.

What's the current price of Legg Mason Low Volatility High Dividend ETF ETF?
As of the end of day on the 2024-03-28, the price of an Legg Mason Low Volatility High Dividend ETF (LVHD) share was $36.84.

What is the 52-week high and low for Legg Mason Low Volatility High Dividend ETF ETF?
The 52-week high for Legg Mason Low Volatility High Dividend ETF ETF is $38.64 and the 52-week low is $32.58.

What is the market capitalization of Legg Mason Low Volatility High Dividend ETF ETF?
As of the 2024-03-28, the market capitalization of Legg Mason Low Volatility High Dividend ETF is 662.083M.
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About Legg Mason Low Volatility High Dividend ETF

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.... LVHD Profile

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