BSCW's RSI Indicator recovers from oversold territory
The RSI Indicator for BSCW moved out of oversold territory on January 15, 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 15 similar instances when the indicator left oversold territory. In of the 15 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 21, 2025. You may want to consider a long position or call options on BSCW as a result. In of 36 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BSCW just turned positive on January 17, 2025. Looking at past instances where BSCW's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .
BSCW moved above its 50-day moving average on January 27, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BSCW advanced for three days, in of 139 cases, the price rose further within the following month. The odds of a continued upward trend are .
BSCW 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BSCW 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 BSCW entered a downward trend on January 24, 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.
BSCW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BSCW has been closely correlated with IBDS. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if BSCW jumps, then IBDS could also see price increases.
| Ticker / NAME | Correlation To BSCW | 1D Price Change % | ||
|---|---|---|---|---|
| BSCW | 100% | +0.15% | ||
| IBDS - BSCW | 84% Closely correlated | +0.08% | ||
| IBDR - BSCW | 81% Closely correlated | +0.04% | ||
| BSCQ - BSCW | 80% Closely correlated | +0.05% | ||
| IBDQ - BSCW | 61% Loosely correlated | N/A | ||
| BSCP - BSCW | 60% Loosely correlated | +0.05% | ||
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