ADPV's RSI Indicator recovers from oversold territory
The RSI Indicator for ADPV moved out of oversold territory on October 30, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 6 similar instances when the indicator left oversold territory. In of the 6 cases the stock moved higher. 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 08, 2023. You may want to consider a long position or call options on ADPV as a result. In of 16 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 ADPV just turned positive on November 08, 2023. Looking at past instances where ADPV's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for ADPV crossed bullishly above the 50-day moving average on November 28, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 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 ADPV advanced for three days, in of 62 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 47 cases where ADPV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
ADPV moved below its 50-day moving average on November 28, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADPV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ADPV broke above its upper Bollinger Band on November 13, 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)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
ADPV and
Correlation & Price change
A.I.dvisor indicates that over the last year, ADPV has been loosely correlated with VTI. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if ADPV jumps, then VTI could also see price increases.
| Ticker / NAME | Correlation To ADPV | 1D Price Change % | ||
|---|---|---|---|---|
| ADPV | 100% | -0.86% | ||
| VTI - ADPV | 62% Loosely correlated | +0.06% | ||
| IVV - ADPV | 60% Loosely correlated | +0.09% | ||
| SPY - ADPV | 60% Loosely correlated | +0.10% | ||
| VOO - ADPV | 60% Loosely correlated | +0.10% | ||
| VIG - ADPV | 58% Loosely correlated | -0.08% |