The stock of UBS (IRL) ETF PLC UBSETF FACTOR USA QUALITY H. GBP A-DIS (LON:UQLT) hit a new 52-week high and has GBX 1103.13 target or 3.00% above today’s GBX 1071.00 share price. The 6 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Nov, 23 by Barchart.com. If the GBX 1103.13 price target is reached, the company will be worth GBX more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The ETF decreased 4.31% or GBX 48.25 on November 23, hitting GBX 1071. UBS (IRL) ETF PLC UBSETF FACTOR USA QUALITY H. GBP A-DIS (LON:UQLT) has risen 4.43% since April 12, 2016 and is uptrending. It has underperformed by 0.90% the S&P500.
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