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ANEW
ETF ticker: NYSE ARCA
AS OF
Dec 20 closing price
Price
$45.96
Change
+$0.47 (+1.03%)
Net Assets
8.06M

ANEW stock forecast, quote, news & analysis

Category: @Large Growth
ANEW
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for ANEW with price predictions
Dec 20, 2024

ANEW in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 18, 2024

ANEW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 34 cases where ANEW's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

ANEW moved above its 50-day moving average on December 20, 2024 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 ANEW advanced for three days, in of 278 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 305 cases where ANEW 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 ANEW moved out of overbought territory on December 13, 2024. 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 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ANEW as a result. In of 65 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ANEW turned negative on December 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ANEW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), Mastercard (NYSE:MA).

Industry description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the "index"). The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies associated with one or more of the following themes: Future of Work, Digital Consumer, Genomic & Telehealth, and Food Revolution. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.

Market Cap

The average market capitalization across the ProShares MSCI Trnsfmtnl Chngs ETF ETF is 179.51B. The market cap for tickers in the group ranges from 524.15M to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is CPF at 524.15M.

High and low price notable news

The average weekly price growth across all stocks in the ProShares MSCI Trnsfmtnl Chngs ETF ETF was -2%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 9%. DOCS experienced the highest price growth at 11%, while MARA experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the ProShares MSCI Trnsfmtnl Chngs ETF ETF was 91%. For the same stocks of the ETF, the average monthly volume growth was 79% and the average quarterly volume growth was -10%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 64
P/E Growth Rating: 60
Price Growth Rating: 47
SMR Rating: 63
Profit Risk Rating: 57
Seasonality Score: 10 (-100 ... +100)
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ANEW
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category LargeGrowth

Profile
Fundamentals
Details
Category
Large Growth
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com