STXDIV: some muted upside potential?A price action above 245 supports a bullish trend direction.
Increase long exposure for a break above 250.
The target price is set at 260 (its 50% Fibonacci retracement level). This level is also at its 200-day simple moving average
The stop-loss is set at 235.
The consistent recovery in price movem
Key stats
About SATRIX DIVI PLUS PORTFOLIO
Home page
Inception date
Aug 29, 2007
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Satrix Managers (RF) Pty Ltd.
ISIN
ZAE000102018
The mandate of the Satrix Divi ETF (Satrix DIVI ) is to track, as closely as possible, the value of the FTSE/JSE Dividend Plus index (J259)
Classification
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Retail Trade
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
STXDIV: some upside?A bullish trend direction is applicable.
The ideal long entry price is around 320.
Increase exposure for a break above 330.
Profit target 340.
Stop-loss at 314.
The Ascending triangle pattern might assist the price action in some upside potential.
Time exit around the start of June 2023.
Remains jus
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.