AOA iShares Core Aggressive Allocation ETF Forecast, Technical & Fundamental Analysis
AOA sees MACD Histogram crosses below signal line
AOA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AOA as a result. In of 75 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
AOA moved below its 50-day moving average on September 05, 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 AOA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for AOA entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AOA advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .
AOA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MLPDX | 4.98 | 0.04 | +0.81% |
| Invesco SteelPath MLP Income A | |||
| AOGPX | 35.97 | N/A | N/A |
| Virtus Silvant Focused Growth P | |||
| FEPUX | 51.45 | -0.09 | -0.17% |
| American Funds Europacific Growth 529F3 | |||
| RIGKX | 12.16 | -0.05 | -0.41% |
| Victory RS International R | |||
| USERX | 8.84 | -0.11 | -1.23% |
| US Global Investors Gld & Prec Mtls | |||
AOA and
Correlation & Price change
A.I.dvisor indicates that over the last year, AOA has been closely correlated with DSCF. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if AOA jumps, then DSCF could also see price increases.
| Ticker / NAME | Correlation To AOA | 1D Price Change % | ||
|---|---|---|---|---|
| AOA | 100% | -0.06% | ||
| DSCF - AOA | 91% Closely correlated | -0.39% | ||
| IRBA - AOA | 91% Closely correlated | -0.41% | ||
| ETO - AOA | 89% Closely correlated | -0.69% | ||
| FCEF - AOA | 87% Closely correlated | -0.21% | ||
| PCEF - AOA | 85% Closely correlated | -0.17% | ||
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