BKUI BNY Mellon Ultra Short Income ETF Forecast, Technical & Fundamental Analysis
Aroon Indicator for BKUI shows an upward move is likely
BKUI's Aroon Indicator triggered a bullish signal on January 29, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 504 similar instances where the Aroon Indicator showed a similar pattern. In of the 504 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BKUI advanced for three days, in of 287 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category UltrashortBond
BKUI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BKUI has been closely correlated with JPST. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if BKUI jumps, then JPST could also see price increases.
| Ticker / NAME | Correlation To BKUI | 1D Price Change % | ||
|---|---|---|---|---|
| BKUI | 100% | +0.04% | ||
| JPST - BKUI | 85% Closely correlated | N/A | ||
| SGOV - BKUI | 84% Closely correlated | N/A | ||
| SHV - BKUI | 83% Closely correlated | +0.01% | ||
| BIL - BKUI | 83% Closely correlated | +0.01% | ||
| VUSB - BKUI | 61% Loosely correlated | +0.02% | ||
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