AVSE Avantis Responsible Emerging Mkts Eq ETF Forecast, Technical & Fundamental Analysis
AVSE sees MACD Histogram crosses below signal line
AVSE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 21, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 11 instances where the indicator turned negative. In of the 11 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 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AVSE as a result. In of 22 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
AVSE 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 AVSE 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 AVSE's RSI Indicator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVSE advanced for three days, in of 85 cases, the price rose further within the following month. The odds of a continued upward trend are .
AVSE 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)
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 DiversifiedEmergingMkts
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LGLAX | 28.50 | 0.16 | +0.56% |
| Lord Abbett Growth Leaders A | |||
| PICEX | 6.68 | N/A | N/A |
| Virtus Vontobel Emerging Markets Opps C | |||
| BDAYX | 9.41 | -0.02 | -0.21% |
| BlackRock Defensive Advantage Intl Instl | |||
| PISEX | 13.71 | -0.04 | -0.29% |
| Columbia Pyrford International Stock C | |||
| SSIQX | 10.29 | -0.06 | -0.58% |
| State Street International Stock Sel K | |||
AVSE and
Correlation & Price change
A.I.dvisor tells us that AVSE and IEMG have been poorly correlated (+5% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that AVSE and IEMG's prices will move in lockstep.
| Ticker / NAME | Correlation To AVSE | 1D Price Change % | ||
|---|---|---|---|---|
| AVSE | 100% | -0.39% | ||
| IEMG - AVSE | 5% Poorly correlated | -0.39% | ||
| EEM - AVSE | 4% Poorly correlated | -0.44% | ||
| SPEM - AVSE | 4% Poorly correlated | -0.33% | ||
| VWO - AVSE | 4% Poorly correlated | -0.38% | ||
| SCHE - AVSE | 4% Poorly correlated | -0.50% |