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ARB
ETF ticker: NYSE ARCA
AS OF
Feb 21 closing price
Price
$28.18
Change
+$0.03 (+0.11%)
Net Assets
80.31M

ARB stock forecast, quote, news & analysis

Category: @Trading
ARB
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for ARB with price predictions
Feb 21, 2025

ARB's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ARB turned positive on February 18, 2025. Looking at past instances where ARB's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ARB advanced for three days, in of 334 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 245 cases where ARB 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 RSI Indicator demonstrates 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.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 ARB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ARB broke above its upper Bollinger Band on February 18, 2025. 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Capital One Financial (NYSE:COF), Hess Corp (NYSE:HES), Discover Financial Services (NYSE:DFS), Nokia Corp (NYSE:NOK), EQT Corp (NYSE:EQT), Juniper Networks (NYSE:JNPR), Southwestern Energy Company (null:SWN).

Industry description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of its underlying index, the Water Island Merger Arbitrage USD Hedged Index. The fund seeks to track the performance of the index, which is designed to reflect a global merger arbitrage strategy. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in the constituents of the index and in financial instruments with economic characteristics similar to such constituents such as swaps on such constituents. The fund is non-diversified.

Market Cap

The average market capitalization across the AltShares Merger Arbitrage ETF ETF is 50.29B. The market cap for tickers in the group ranges from 310.68M to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is TGAN at 310.68M.

High and low price notable news

The average weekly price growth across all stocks in the AltShares Merger Arbitrage ETF ETF was 1%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 3%. MGRC experienced the highest price growth at 6%, while RDW experienced the biggest fall at -24%.

Volume

The average weekly volume growth across all stocks in the AltShares Merger Arbitrage ETF ETF was 21%. For the same stocks of the ETF, the average monthly volume growth was 16% and the average quarterly volume growth was 91%

Fundamental Analysis Ratings

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

Valuation Rating: 65
P/E Growth Rating: 48
Price Growth Rating: 48
SMR Rating: 59
Profit Risk Rating: 44
Seasonality Score: -50 (-100 ... +100)
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ARB
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Event Driven
Address
wicShares Trust41 Madison Avenue, 42nd Floor, New York, New York 10010
Phone
800-560-8210
Web
N/A