BMVP Invesco Bloomberg MVP Multi-factor ETF Forecast, Technical & Fundamental Analysis
BMVP's RSI Indicator ascends from oversold territory
The RSI Oscillator for BMVP moved out of oversold territory on January 03, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 51 cases where BMVP's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BMVP just turned positive on January 08, 2025. Looking at past instances where BMVP's MACD turned positive, the stock continued to rise in of 50 cases over the following month. 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 BMVP advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BMVP as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BMVP 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 BMVP entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MidCapBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FGEMX | 110.89 | 1.04 | +0.95% |
| Fidelity Advisor Communication ServicesM | |||
| ISGDX | 13.84 | 0.11 | +0.80% |
| Columbia Integrated Small Cap Gr A | |||
| NWHTX | 31.05 | 0.23 | +0.75% |
| Nationwide Bailard Tech & Sci R6 | |||
| ACIIX | 8.57 | 0.04 | +0.47% |
| American Century Equity Income I | |||
| INFIX | 9.86 | 0.01 | +0.10% |
| Tortoise Energy Infras and Inc Ins | |||
BMVP and ETFs
Correlation & Price change
A.I.dvisor tells us that BMVP and VXF have been poorly correlated (+-4% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BMVP and VXF's prices will move in lockstep.
| Ticker / NAME | Correlation To BMVP | 1D Price Change % | ||
|---|---|---|---|---|
| BMVP | 100% | +0.31% | ||
| VXF - BMVP | -4% Poorly correlated | +0.65% | ||
| VO - BMVP | -5% Poorly correlated | +0.51% | ||
| IWR - BMVP | -6% Poorly correlated | +0.54% | ||
| MDY - BMVP | -6% Poorly correlated | +0.43% | ||
| IJH - BMVP | -6% Poorly correlated | +0.45% |