SECURITY BUS BCP CA ETF Forecast

SECURITY BUS BCP CA ETF price ended at $25.11 on Friday, after losing 0%.
(Updated on Mar 29, 2019)

SBBC Signals & Forecast

There are mixed signals in the ETF today. The SECURITY BUS BCP CA 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 $25.11 and $25.12. A break-up above any of these levels will issue buy signals. 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. A buy signal was issued from a pivot bottom point on Friday, February 22, 2019, and so far it has risen 0.360%. 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).

Support, Risk & Stop-loss for SECURITY BUS BCP CA ETF

SECURITY BUS BCP CA finds support from accumulated volume at $25.05 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: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Monday, 1st we expect SECURITY BUS BCP CA to open at $25.11, and during the day (based on 14 day Average True Range), to move between $25.08 and $25.14, which gives a possible trading interval of +/-$0.0301 (+/-0.12%) up or down from last closing price. If SECURITY BUS BCP CA takes out the full calculated possible swing range there will be an estimated 0.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.05 (0.24%) than the resistance at $25.27 (0.64%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is SECURITY BUS BCP CA ETF A Buy?

SECURITY BUS BCP CA holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Current score: -2.740 Sell Candidate Unchanged

Predicted Opening Price for SECURITY BUS BCP CA of Monday, April 1, 2019

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