BNDW's Stochastic Oscillator stays in oversold zone for 12 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for BNDW's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BNDW advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .
BNDW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BNDW as a result. In of 74 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 BNDW turned negative on September 18, 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 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .
BNDW moved below its 50-day moving average on September 01, 2023 date and that indicates a change from an upward trend to a downward trend.
The 50-day moving average for BNDW moved below the 200-day moving average on September 05, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BNDW 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 BNDW entered a downward trend on August 30, 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Unknown
BNDW and
Correlation & Price change
A.I.dvisor indicates that over the last year, BNDW has been closely correlated with BNDX. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if BNDW jumps, then BNDX could also see price increases.
| Ticker / NAME | Correlation To BNDW | 1D Price Change % | ||
|---|---|---|---|---|
| BNDW | 100% | -0.52% | ||
| BNDX - BNDW | 94% Closely correlated | -0.39% | ||
| BGRN - BNDW | 93% Closely correlated | -0.48% | ||
| IAGG - BNDW | 90% Closely correlated | -0.37% | ||
| FLIA - BNDW | 61% Loosely correlated | -0.65% |