BSCU's RSI Indicator recovers from oversold territory
The RSI Oscillator for BSCU moved out of oversold territory on December 20, 2024. 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 43 similar instances when the indicator left oversold territory. In of the 43 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 52 cases where BSCU'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 Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on BSCU as a result. In of 77 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 BSCU advanced for three days, in of 243 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day moving average for BSCU crossed bearishly below the 50-day moving average on December 23, 2024. 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BSCU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BSCU and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BSCU has been closely correlated with IBDS. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if BSCU jumps, then IBDS could also see price increases.
| Ticker / NAME | Correlation To BSCU | 1D Price Change % | ||
|---|---|---|---|---|
| BSCU | 100% | N/A | ||
| IBDS - BSCU | 91% Closely correlated | -0.08% | ||
| BSCQ - BSCU | 86% Closely correlated | -0.05% | ||
| IBDR - BSCU | 83% Closely correlated | N/A | ||
| IBDQ - BSCU | 64% Loosely correlated | +0.08% | ||
| BSCP - BSCU | 64% Loosely correlated | N/A | ||
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