AGG iShares Core US Aggregate Bond ETF Forecast, Technical & Fundamental Analysis
AGG in upward trend: 10-day moving average broke above 50-day moving average on November 13, 2023
The 10-day moving average for AGG crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on AGG as a result. In of 71 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
AGG moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AGG advanced for three days, in of 342 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 318 cases where AGG 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 10-day RSI Indicator for AGG moved out of overbought territory on December 08, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
AGG 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)
Industry description
General Information
Category IntermediateTermBond
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|---|---|---|---|
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| AdvisorShares Insider Advantage ETF | |||
| ISZE | 25.90 | 0.02 | +0.07% |
| iShares MSCI Intl Size Factor ETF | |||
| IMTB | 42.35 | -0.15 | -0.35% |
| iShares Core 5-10 Year USD Bond ETF | |||
AGG and
Correlation & Price change
A.I.dvisor indicates that over the last year, AGG has been closely correlated with SCHZ. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if AGG jumps, then SCHZ could also see price increases.
| Ticker / NAME | Correlation To AGG | 1D Price Change % | ||
|---|---|---|---|---|
| AGG | 100% | -0.50% | ||
| SCHZ - AGG | 100% Closely correlated | -0.48% | ||
| BND - AGG | 100% Closely correlated | -0.48% | ||
| SPAB - AGG | 100% Closely correlated | -0.52% | ||
| EAGG - AGG | 99% Closely correlated | -0.60% | ||
| PAB - AGG | 99% Closely correlated | -0.38% | ||
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