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 US Preferred Stock ETF downgraded to Hold/Accumulate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 05, 2024 Gain 0.84% PDF

The iShares US Preferred Stock ETF price fell by -0.555% on the last day (Thursday, 28th Mar 2024) from $32.41 to $32.23. During the last trading day the ETF fluctuated 1.02% from a day low at $32.20 to a day high of $32.53. The price has risen in 6 of the last 10 days and is up by 0.62% over the past 2 weeks. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 million shares were bought and sold for approximately $167.82 million.

The ETF lies in the middle of a narrow and weak 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 3.42% during the next 3 months and, with a 90% probability hold a price between $33.22 and $33.74 at the end of this 3-month period.

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PFF Signals & Forecast

The iShares US Preferred Stock ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the stock. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $32.37. On a fall, the ETF will find some support from the long-term average at approximately $32.08. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.95%. 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 rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely. The ETF had a Golden Star Signal on Wednesday, August 30, 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.

Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Wednesday, August 30, 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 iShares US Preferred Stock ETF

iShares US Preferred Stock finds support from accumulated volume at $32.06 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 $0.330 between high and low, or 1.02%. For the last week the ETF has had daily average volatility of 0.781%.

Our recommended stop-loss: $31.17 (-3.29%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect iShares US Preferred Stock to open at $32.32, and during the day (based on 14 day Average True Range), to move between $32.02 and $32.44, which gives a possible trading interval of +/-$0.210 (+/-0.65%) up or down from last closing price. If iShares US Preferred Stock takes out the full calculated possible swing range there will be an estimated 1.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $32.25 (0.06%) than the support at $32.06 (0.53%), 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 US Preferred Stock ETF A Buy?

iShares US Preferred Stock holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.139 Hold/Accumulate Downgraded

Predicted Opening Price for iShares US Preferred Stock of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$32.32 ( 0.279%) $32.23

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

Trading levels for PFF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 32.65 1.30 %
R2 32.52 0.91 %
R1 32.45 0.670 %
Current price: 32.23
Support S1 32.19 -0.112 %
S2 32.12 -0.354 %
S3 31.99 -0.745 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.54 0.96 %
R2 32.29 0.186 %
R1 32.25 0.0621 %
Current price 32.23
Support S1 32.06 -0.527%
S2 31.96 -0.84%
S3 31.63 -1.86%

PFF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Mar 01, 2024 Mar 07, 2024 $0.170 0.529%
2 Jan 31, 2024 Feb 01, 2024 Feb 07, 2024 $0.176 0.557%
3 Nov 30, 2023 Dec 14, 2023 Dec 07, 2023 $0.193 0.628%
4 Nov 30, 2023 Dec 01, 2023 Dec 07, 2023 $0.175 0.570%
5 Oct 31, 2023 Nov 01, 2023 Nov 07, 2023 $0.173 0.582%

FAQ

What is the symbol for iShares US Preferred Stock ETF and on which exchange is it traded?
The symbol for iShares US Preferred Stock is PFF and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell iShares US Preferred Stock ETF?
iShares US Preferred Stock holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy iShares US Preferred Stock ETF?
iShares US Preferred Stock 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 US Preferred Stock ETF.

What's the current price of iShares US Preferred Stock ETF?
As of the end of day on the 2024-03-28, the price of an iShares US Preferred Stock (PFF) share was $32.23.

What is the 52-week high and low for iShares US Preferred Stock ETF?
The 52-week high for iShares US Preferred Stock ETF is $32.66 and the 52-week low is $28.15.

What is the market capitalization of iShares US Preferred Stock ETF?
As of the 2024-03-28, the market capitalization of iShares US Preferred Stock is 13.487B.
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About iShares US Preferred Stock

The fund may invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index.... PFF Profile

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