AVIE Avantis Inflation Focused Equity ETF Forecast, Technical & Fundamental Analysis
AVIE in downward trend: price may drop because broke its higher Bollinger Band on December 01, 2023
AVIE 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. The A.I.dvisor looked at 9 similar instances where the stock broke above the upper band. In of the 9 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVIE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AVIE's RSI Oscillator exited the oversold zone, of 4 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 20, 2023. You may want to consider a long position or call options on AVIE as a result. In of 18 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AVIE just turned positive on November 10, 2023. Looking at past instances where AVIE's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .
AVIE moved above its 50-day moving average on November 21, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for AVIE crossed bullishly above the 50-day moving average on November 27, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVIE advanced for three days, in of 79 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 58 cases where AVIE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 LargeBlend
AVIE and
Correlation & Price change
A.I.dvisor indicates that over the last year, AVIE has been closely correlated with VIG. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVIE jumps, then VIG could also see price increases.
| Ticker / NAME | Correlation To AVIE | 1D Price Change % | ||
|---|---|---|---|---|
| AVIE | 100% | N/A | ||
| VIG - AVIE | 79% Closely correlated | -0.08% | ||
| VTI - AVIE | 71% Closely correlated | -0.36% | ||
| IVV - AVIE | 70% Closely correlated | -0.50% | ||
| SPY - AVIE | 69% Closely correlated | -0.52% | ||
| VOO - AVIE | 69% Closely correlated | -0.52% |