BOCT Innovator U.S. Equity Buffer ETF™ Oct Forecast, Technical & Fundamental Analysis
BOCT's RSI Oscillator leaves overbought zone
The 10-day RSI Oscillator for BOCT moved out of overbought territory on December 09, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 instances where the indicator moved out of the overbought zone. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where BOCT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BOCT 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 49 similar instances when the indicator turned negative. In of the 49 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 BOCT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on BOCT as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 BOCT advanced for three days, in of 382 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 464 cases where BOCT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PGEOX | 26.13 | -0.10 | -0.38% |
| George Putnam Balanced A | |||
| HDPBX | 24.31 | -0.17 | -0.69% |
| Hodges Blue Chip Equity Income Retail | |||
| ICSFX | 29.06 | -0.23 | -0.79% |
| Invesco Comstock R6 | |||
| IPSIX | 23.76 | -0.35 | -1.45% |
| Voya Index Plus SmallCap Port I | |||
| VLEOX | 61.98 | -0.94 | -1.49% |
| Value Line Small Cap Opportunities Inv | |||
BOCT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BOCT has been closely correlated with FSEP. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if BOCT jumps, then FSEP could also see price increases.
| Ticker / NAME | Correlation To BOCT | 1D Price Change % | ||
|---|---|---|---|---|
| BOCT | 100% | -0.13% | ||
| FSEP - BOCT | 97% Closely correlated | -0.17% | ||
| PSEP - BOCT | 89% Closely correlated | -0.25% | ||
| BUFR - BOCT | 88% Closely correlated | -0.23% | ||
| FJUL - BOCT | 87% Closely correlated | -0.18% | ||
| PNOV - BOCT | 85% Closely correlated | -0.16% | ||
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