BBAX JPMorgan BetaBuilders Dev APAC ex-JpnETF Forecast, Technical & Fundamental Analysis
BBAX in -0.34% downward trend, sliding for three consecutive days on December 20, 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 BBAX declined for three days, in of 257 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 10, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BBAX as a result. In of 81 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 BBAX turned negative on December 10, 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
BBAX moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The RSI Indicator demonstrates 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.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BBAX advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .
BBAX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category PacificAsiaexJapanStk
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MLPAX | 8.41 | 0.15 | +1.82% |
| Invesco SteelPath MLP Alpha A | |||
| CGFEX | 72.61 | 0.66 | +0.92% |
| American Funds Growth Fund of Amer 529E | |||
| ANOGX | 22.76 | 0.17 | +0.75% |
| American Century Small Cap Growth R5 | |||
| BLNIX | 12.81 | 0.08 | +0.63% |
| Meeder Balanced Institutional | |||
| JIAIX | 9.08 | 0.03 | +0.31% |
| JHancock Multi-Asset High Income I | |||
BBAX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BBAX has been closely correlated with EPP. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if BBAX jumps, then EPP could also see price increases.
| Ticker / NAME | Correlation To BBAX | 1D Price Change % | ||
|---|---|---|---|---|
| BBAX | 100% | -0.03% | ||
| EPP - BBAX | 99% Closely correlated | -0.02% | ||
| AAXJ - BBAX | 84% Closely correlated | +0.19% | ||
| AIA - BBAX | 80% Closely correlated | +0.40% | ||
| EEMA - BBAX | 80% Closely correlated | -0.29% | ||
| ASIA - BBAX | 78% Closely correlated | -0.66% | ||
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