VICTORYSHARES DIVIDEND ACCELERATOR ETF Forecast
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:
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
VICTORYSHARES DIVIDEND ACCELERATOR ETF price down 0.0942% on Wednesday
(Updated on May 01, 2024)
The VICTORYSHARES DIVIDEND ACCELERATOR ETF price fell by -0.0942% on the last day (Wednesday, 1st May 2024) from $48.30 to $48.25. During the last trading day the ETF fluctuated 1.09% from a day low at $48.12 to a day high of $48.65. The price has risen in 7 of the last 10 days and is up by 1.38% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -5 thousand shares and in total, 5 thousand shares were bought and sold for approximately $238.67 thousand.
The ETF is at the lower part of a horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $47.74 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect VICTORYSHARES DIVIDEND ACCELERATOR ETF with a 90% probability to be traded between $48.55 and $51.50 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.
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VSDA Signals & Forecast
There are mixed signals in the ETF today. The VICTORYSHARES DIVIDEND ACCELERATOR 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 $48.47 and $48.96. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 1.38%. 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 VICTORYSHARES DIVIDEND ACCELERATOR ETF
VICTORYSHARES DIVIDEND ACCELERATOR finds support from accumulated volume at $48.01 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 $0.525 between high and low, or 1.09%. For the last week the ETF has had daily average volatility of 0.610%
Our recommended stop-loss: $45.39 (-5.94%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 10 days ago.)
Trading Expectations (VSDA) For The Upcoming Trading Day Of Thursday 2nd
For the upcoming trading day on Thursday, 2nd we expect VICTORYSHARES DIVIDEND ACCELERATOR ETF to open at $48.34, and during the day (based on 14 day Average True Range), to move between $47.88 and $48.63, which gives a possible trading interval of +/-$0.376 (+/-0.78%) up or down from last closing price. If VICTORYSHARES DIVIDEND ACCELERATOR ETF takes out the full calculated possible swing range there will be an estimated 1.56% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $48.01 (0.51%) than the resistance at $48.82 (1.17%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is VICTORYSHARES DIVIDEND ACCELERATOR 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 VICTORYSHARES DIVIDEND ACCELERATOR ETF to perform well in the short-term period.
Current score: 1.199 Buy Candidate Unchanged
Predicted Opening Price for VICTORYSHARES DIVIDEND ACCELERATOR ETF of Thursday, May 2, 2024
| Fair opening price May 2, 2024 | Current price |
|---|---|
| $48.34 ( 0.177%) | $48.25 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for VSDA
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 48.87 | 1.26 % | |
| R2 | 48.66 | 0.85 % | ||
| R1 | 48.54 | 0.592 % | ||
| Current price: | 48.25 | |||
| Support | S1 | 48.14 | -0.239 % | |
| S2 | 48.02 | -0.496 % | ||
| S3 | 47.81 | -0.91 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 49.32 | 2.20 % | |
| R2 | 49.24 | 2.04 % | ||
| R1 | 48.82 | 1.17 % | ||
| Current price | 48.25 | |||
| Support | S1 | 48.01 | -0.509% | |
| S2 | 47.77 | -1.00% | ||
| S3 | 47.14 | -2.31% |
VSDA Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 10, 2024 | Apr 11, 2024 | Apr 15, 2024 | $0.0705 | 0.147% |
| 2 | Mar 08, 2024 | Mar 11, 2024 | Mar 13, 2024 | $0.148 | 0.299% |
| 3 | Feb 08, 2024 | Feb 09, 2024 | Feb 13, 2024 | $0.0223 | 0.0472% |
| 4 | Jan 10, 2024 | Jan 11, 2024 | Jan 16, 2024 | $0.0234 | 0.0501% |
| 5 | Dec 15, 2023 | Dec 18, 2023 | Dec 20, 2023 | $0.219 | 0.469% |
FAQ
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