ACTV LeaderShares® Activist Leaders® ETF Forecast, Technical & Fundamental Analysis
Aroon Indicator for ACTV shows an upward move is likely
ACTV's Aroon Indicator triggered a bullish signal on December 06, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 171 similar instances where the Aroon Indicator showed a similar pattern. In of the 171 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on ACTV as a result. In of 54 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ACTV just turned positive on November 02, 2023. Looking at past instances where ACTV's MACD turned positive, the stock continued to rise in of 30 cases over the following month. The odds of a continued upward trend are .
ACTV moved above its 50-day moving average on November 17, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ACTV crossed bullishly above the 50-day moving average on November 24, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACTV advanced for three days, in of 198 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACTV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ACTV broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category SmallValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| WAYFX | 12.96 | -0.01 | -0.08% |
| Waycross Focused Core Equity Fund | |||
| BILPX | 9.97 | -0.01 | -0.10% |
| BlackRock Event Driven Equity Instl | |||
| TOTTX | 10.94 | -0.02 | -0.18% |
| Transamerica Mid Cap Value Opps I3 | |||
| ASQIX | 14.25 | -0.04 | -0.28% |
| American Century Small Company Inv | |||
| AFDZX | 18.90 | -0.07 | -0.37% |
| Applied Finance Explorer Institutional | |||
ACTV and
Correlation & Price change
A.I.dvisor indicates that over the last year, ACTV has been closely correlated with IJS. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if ACTV jumps, then IJS could also see price increases.
| Ticker / NAME | Correlation To ACTV | 1D Price Change % | ||
|---|---|---|---|---|
| ACTV | 100% | +0.35% | ||
| IJS - ACTV | 83% Closely correlated | -0.16% | ||
| VBR - ACTV | 83% Closely correlated | -0.17% | ||
| IWN - ACTV | 82% Closely correlated | -0.19% | ||
| DFAT - ACTV | 81% Closely correlated | -0.35% | ||
| AVUV - ACTV | 80% Closely correlated | -0.38% | ||
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