AVDE Avantis International Equity ETF Forecast, Technical & Fundamental Analysis
AVDE in +2.49% Uptrend, advancing for three consecutive days on August 29, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where AVDE advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AVDE's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AVDE as a result. In of 62 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 AVDE turned negative on September 22, 2023. 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 33 similar instances when the indicator turned negative. In of the 33 cases the stock turned lower in the days that followed. This puts the odds of success at .
AVDE moved below its 50-day moving average on September 15, 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 AVDE 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 AVDE 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| FPF | 14.95 | 0.09 | +0.61% |
| FIRST TRUST INTERMEDIATE DURATION PREFERRED & Income FUND | |||
| OPPX | 22.87 | 0.02 | +0.08% |
| Corbett Road Tactical Opportunity ETF | |||
| TBLD | 14.86 | N/A | N/A |
| Thornburg Income Builder Opportunities Trust | |||
| DBO | 17.71 | N/A | N/A |
| Invesco DB Oil | |||
| VFMV | 97.09 | -0.35 | -0.36% |
| Vanguard US Minimum Volatility ETF | |||
AVDE and
Correlation & Price change
A.I.dvisor indicates that over the last year, AVDE has been closely correlated with IEFA. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVDE jumps, then IEFA could also see price increases.
| Ticker / NAME | Correlation To AVDE | 1D Price Change % | ||
|---|---|---|---|---|
| AVDE | 100% | +0.02% | ||
| IEFA - AVDE | 99% Closely correlated | +0.05% | ||
| EFA - AVDE | 99% Closely correlated | +0.09% | ||
| VEA - AVDE | 99% Closely correlated | +0.11% | ||
| VXUS - AVDE | 97% Closely correlated | +0.39% | ||
| VEU - AVDE | 97% Closely correlated | +0.36% |