Barclays Women in Leadership ETN Stock Forecast
Stronger technical forecast for Barclays Women in Leadership ETN stock price after Wednesday trading.
(Updated on Apr 17, 2024)
The Barclays Women in Leadership ETN stock price gained 1.98% on the last trading day (Wednesday, 17th Apr 2024), rising from £354.00 to £361.00. During the last trading day the stock fluctuated 6.18% from a day low at £340.00 to a day high of £361.00. The price has risen in 7 of the last 10 days and is up by 8.08% 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, 775 thousand more shares were traded than the day before. In total, 792 thousand shares were bought and sold for approximately £286.00 million.
The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.88% during the next 3 months and, with a 90% probability hold a price between £365.09 and £428.12 at the end of this 3-month period.
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WIL.L Signals & Forecast
The Barclays Women in Leadership ETN stock 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 £355.50 and £353.04. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -0.276%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Barclays Women in Leadership ETN stock
Barclays Women in Leadership ETN finds support from accumulated volume at £354.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved £21.00 between high and low, or 6.18%. For the last week, the stock has had daily average volatility of 3.23%.
Our recommended stop-loss: £346.73 (-3.95%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)
Trading Expectations (WIL.L) For The Upcoming Trading Day Of Thursday 18th
For the upcoming trading day on Thursday, 18th we expect Barclays Women in Leadership ETN to open at £354.00, and during the day (based on 14 day Average True Range), to move between £344.96 and £377.04, which gives a possible trading interval of +/-£16.04 (+/-4.44%) up or down from last closing price. If Barclays Women in Leadership ETN takes out the full calculated possible swing range there will be an estimated 8.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at £354.00 (1.94%) than the resistance at £370.00 (2.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Barclays Women in Leadership ETN stock A Buy?
Barclays Women in Leadership ETN holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.
Current score: 6.650 Strong Buy Candidate Upgraded
Predicted Opening Price for Barclays Women in Leadership ETN of Thursday, April 18, 2024
| Fair opening price April 18, 2024 | Current price |
|---|---|
| £354.00 ( 1.94%) | £361.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WIL.L
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 375.00 | 3.88 % | |
| R2 | 366.98 | 1.66 % | ||
| R1 | 362.02 | 0.283 % | ||
| Current price: | 361.00 | |||
| Support | S1 | 345.98 | -4.16 % | |
| S2 | 341.02 | -5.53 % | ||
| S3 | 333.00 | -7.76 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 380.00 | 5.26 % | |
| R2 | 376.00 | 4.16 % | ||
| R1 | 370.00 | 2.49 % | ||
| Current price | 361.00 | |||
| Support | S1 | 354.00 | -1.94% | |
| S2 | 350.00 | -3.05% | ||
| S3 | 330.00 | -8.59% |
WIL Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 29, 2024 | Feb 29, 2024 | Apr 10, 2024 | £3.00 | 0.85% |
| 2 | Nov 02, 2023 | Nov 02, 2023 | Nov 02, 2023 | £7.30 | 2.23% |
| 3 | Feb 20, 2023 | Mar 02, 2023 | Apr 06, 2023 | £2.70 | 0.90% |
| 4 | Sep 22, 2022 | Oct 27, 2022 | Nov 28, 2022 | £5.80 | 2.06% |
| 5 | Feb 21, 2022 | Mar 03, 2022 | Apr 06, 2022 | £2.40 | 0.94% |
FAQ
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