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LSE~WQDV stock – iShares MSCI World Quality Dividend Advanced UCITS ETF USD (Dist) sideways range & retest history

London

On the weekly chart, LSE~WQDV broke out below its sideways range between $5.58 and $6.31 (started 28 Feb 2021), its pullback failed, and NasdaqScan detected a retest of the low in the week of 4 Sept 2022, 553 days after the range began.

Since 2020, NasdaqScan has found 2 sideways ranges in LSE~WQDV. The current range is 13% wide from low to high.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
28 Feb 2021Open—4 Sept 2022 (Go ahead)
19 Jan 2020Open——

Retest signals detected

  • Week of 4 Sept 2022: retest of the low after a breakout below a sideways range, 553 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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