PowerShares S&P 500 High Div Low Vol ETF Forecast

$44.40
+0.270 (+0.612%)
At Close: Mar 28, 2024

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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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PowerShares S&P 500 High Div Low Vol ETF price up 0.612% on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 27, 2024 Gain 5.29% PDF

The PowerShares S&P 500 High Div Low Vol ETF price gained 0.612% on the last trading day (Thursday, 28th Mar 2024), rising from $44.13 to $44.40. During the last trading day the ETF fluctuated 0.759% from a day low at $44.15 to a day high of $44.49. The price has risen in 7 of the last 10 days and is up by 2.73% over the past 2 weeks. Volume fell on the last day by -65 thousand shares and in total, 413 thousand shares were bought and sold for approximately $18.35 million. 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 upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $44.45 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 2.89% during the next 3 months and, with a 90% probability hold a price between $42.99 and $45.73 at the end of this 3-month period.

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SPHD Signals & Forecast

The PowerShares S&P 500 High Div Low Vol 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 $43.77 and $42.73. 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 7.90%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. 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).

Support, Risk & Stop-loss for PowerShares S&P 500 High Div Low Vol ETF

PowerShares S&P 500 High Div Low Vol finds support from accumulated volume at $42.34 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 $0.335 between high and low, or 0.759%. For the last week the ETF has had daily average volatility of 0.98%.

Our recommended stop-loss: $42.88 (-3.42%) (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 (SPHD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect PowerShares S&P 500 High Div Low VolETF to open at $44.35, and during the day (based on 14 day Average True Range), to move between $43.96 and $44.84, which gives a possible trading interval of +/-$0.444 (+/-1.00%) up or down from last closing price. If PowerShares S&P 500 High Div Low VolETF takes out the full calculated possible swing range there will be an estimated 2.00% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $42.34, some $2.06 (4.64%) from the current price of $44.40, our system finds the risk reward attractive.

Is PowerShares S&P 500 High Div Low VolETF 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 PowerShares S&P 500 High Div Low Vol ETF to perform well in the short-term.

Current score: 1.971 Buy Candidate Unchanged

Predicted Opening Price for PowerShares S&P 500 High Div Low VolETF of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$44.35 ( 0.124%) $44.40

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

Trading levels for SPHD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 44.68 0.631 %
R2 44.55 0.342 %
R1 44.47 0.164 %
Current price: 44.40
Support S1 44.22 -0.412 %
S2 44.14 -0.590 %
S3 44.01 -0.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 44.40
Support S1 42.34 -4.64%
S2 41.96 -5.50%
S3 41.15 -7.32%

SPHD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 22, 2024 $0.134 0.308%
2 Jan 05, 2024 Feb 20, 2024 Feb 23, 2024 $0.145 0.342%
3 Jan 05, 2024 Jan 22, 2024 Jan 26, 2024 $0.153 0.361%
4 Dec 18, 2023 Dec 18, 2023 Dec 18, 2023 $0.169 0.402%
5 Nov 20, 2023 Nov 20, 2023 Nov 20, 2023 $0.164 0.414%

FAQ

What is the symbol for PowerShares S&P 500 High Div Low VolETF ETF and on which exchange is it traded?
The symbol for PowerShares S&P 500 High Div Low VolETF is SPHD and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell PowerShares S&P 500 High Div Low VolETF 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 PowerShares S&P 500 High Div Low Vol ETF to perform well in the short-term.

How to buy PowerShares S&P 500 High Div Low VolETF ETF?
PowerShares S&P 500 High Div Low VolETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PowerShares S&P 500 High Div Low VolETF ETF.

What's the current price of PowerShares S&P 500 High Div Low VolETF ETF?
As of the end of day on the 2024-03-28, the price of an PowerShares S&P 500 High Div Low VolETF (SPHD) share was $44.40.

What is the 52-week high and low for PowerShares S&P 500 High Div Low VolETF ETF?
The 52-week high for PowerShares S&P 500 High Div Low VolETF ETF is $44.49 and the 52-week low is $37.19.

What is the market capitalization of PowerShares S&P 500 High Div Low VolETF ETF?
As of the 2024-03-28, the market capitalization of PowerShares S&P 500 High Div Low VolETF is 2.87B.
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About PowerShares S&P 500 High Div Low VolETF

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the â??index Providerâ?�) compiles, maintains and calculates the underlying index, which is designed to measure the performance of 50 least volatile high yielding constituents of the S&P 500 ® Index in the past year.... SPHD Profile

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