+Compare
BKMC
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
411.48M

BKMC BNY Mellon US Mid Cap Core Equity ETF Forecast, Technical & Fundamental Analysis

Category MidCapBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for BKMC with price predictions
08:00 PM EDT Sep 21, 2023

BKMC in downward trend: 10-day moving average broke below 50-day moving average on August 17, 2023

The 10-day moving average for BKMC crossed bearishly below the 50-day moving average on August 17, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BKMC as a result. In of 57 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 BKMC turned negative on September 15, 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 27 similar instances when the indicator turned negative. In of the 27 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BKMC 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 BKMC entered a downward trend on August 31, 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.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, 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 9 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 BKMC advanced for three days, in of 241 cases, the price rose further within the following month. The odds of a continued upward trend are .

BKMC 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)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Workday (NASDAQ:WDAY), NXP Semiconductors NV (NASDAQ:NXPI), Dell Technologies (NYSE:DELL), Atlassian Corp (NASDAQ:TEAM), Marvell Technology (NASDAQ:MRVL), American International Group (NYSE:AIG), PG&E Corp (NYSE:PCG), Microchip Technology (NASDAQ:MCHP), ON Semiconductor Corp (NASDAQ:ON), CrowdStrike Holdings (NASDAQ:CRWD).

Industry description

The investment seeks to track the performance of the Morningstar® US Mid Cap IndexSM. Under normal circumstances, the fund generally invests in all of the stocks in the index in proportion to their weighting in the index. The index is a float-adjusted market capitalization weighted index designed to measure the performance of U.S. medium-capitalization stocks. It is non-diversified.

Market Cap

The average market capitalization across the BNY Mellon US Mid Cap Core Equity ETF ETF is 16.87B. The market cap for tickers in the group ranges from 3.46B to 60.3B. WDAY holds the highest valuation in this group at 60.3B. The lowest valued company is AAP at 3.46B.

High and low price notable news

The average weekly price growth across all stocks in the BNY Mellon US Mid Cap Core Equity ETF ETF was -3%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 4%. SPLK experienced the highest price growth at 20%, while SQ experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the BNY Mellon US Mid Cap Core Equity ETF ETF was -54%. For the same stocks of the ETF, the average monthly volume growth was 5% and the average quarterly volume growth was -8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 61
P/E Growth Rating: 54
Price Growth Rating: 51
SMR Rating: 60
Profit Risk Rating: 61
Seasonality Score: -26 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
BNY Mellon ETF Trust
Phone
N/A
Web
N/A
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
JHTGX15.65N/A
N/A
JPMorgan Hedged Equity 3 R5
AWPZX17.25N/A
N/A
AB Sustainable International Thematic Z
JARTX41.37-0.02
-0.05%
Janus Henderson Forty S
NAWCX36.34-0.09
-0.25%
Voya Global High Dividend Low Vol C
NBRVX23.31-0.11
-0.47%
Neuberger Berman M/C Intrinsic Val Inv

BKMC and

Correlation & Price change

A.I.dvisor tells us that BKMC and VXF have been poorly correlated (+13% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BKMC and VXF's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BKMC
1D Price
Change %
BKMC100%
-0.26%
VXF - BKMC
13%
Poorly correlated
-0.08%
IWR - BKMC
12%
Poorly correlated
-0.26%
IJH - BKMC
12%
Poorly correlated
-0.12%
MDY - BKMC
12%
Poorly correlated
-0.12%
VO - BKMC
12%
Poorly correlated
-0.18%
More