BAMO Brookstone Opportunities ETF Forecast, Technical & Fundamental Analysis
BAMO in -0.64% downward trend, sliding for three consecutive days on December 10, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BAMO declined for three days, in of 44 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for BAMO moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 15 cases where BAMO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BAMO turned negative on December 12, 2024. 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 13 similar instances when the indicator turned negative. In of the 13 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on BAMO as a result. In of 14 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 BAMO advanced for three days, in of 93 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 128 cases where BAMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category ModerateAllocation
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| IQSM | 34.29 | N/A | N/A |
| NYLI Candriam U.S. Mid Cap Equity ETF | |||
| SDSI | 50.81 | -0.02 | -0.04% |
| American Century® Short Dur Str Inc ETF | |||
| TDVG | 40.54 | -0.16 | -0.39% |
| T. Rowe Price Dividend Growth ETF | |||
| OVF | 24.70 | -0.13 | -0.50% |
| Overlay Shares Foreign Equity ETF | |||
| IJJ | 128.32 | -1.67 | -1.29% |
| iShares S&P Mid-Cap 400 Value ETF | |||
BAMO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BAMO has been closely correlated with TUG. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if BAMO jumps, then TUG could also see price increases.
| Ticker / NAME | Correlation To BAMO | 1D Price Change % | ||
|---|---|---|---|---|
| BAMO | 100% | -0.32% | ||
| TUG - BAMO | 91% Closely correlated | -0.29% | ||
| CGBL - BAMO | 90% Closely correlated | -0.65% | ||
| AOR - BAMO | 86% Closely correlated | -0.25% | ||
| CLSM - BAMO | 82% Closely correlated | -0.39% | ||
| GDMA - BAMO | 80% Closely correlated | -0.26% | ||
More | ||||