BSJQ Invesco BulletShares 2026 HY Corp Bd ETF Forecast, Technical & Fundamental Analysis
BSJQ in -0.21% downward trend, declining for three consecutive days on December 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where BSJQ declined for three days, in of 240 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for BSJQ moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 54 similar instances where the indicator moved out of overbought territory. In of the 54 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BSJQ as a result. In of 86 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 BSJQ turned negative on December 09, 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 BSJQ'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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BSJQ advanced for three days, in of 332 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 408 cases where BSJQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category HighYieldBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MEMQX | 7.71 | N/A | N/A |
| Mercer Emerging Markets Equity Y3 | |||
| VEOIX | 20.66 | N/A | N/A |
| Vanguard Global Environmental Opp StkInv | |||
| MGGIX | 36.45 | -0.11 | -0.30% |
| Morgan Stanley Inst Global Opp I | |||
| MLPMX | 4.98 | -0.03 | -0.60% |
| Invesco SteelPath MLP Alpha Plus C | |||
| DFEOX | 44.44 | -0.29 | -0.65% |
| DFA US Core Equity 1 I | |||
BSJQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BSJQ has been closely correlated with HYLB. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if BSJQ jumps, then HYLB could also see price increases.
| Ticker / NAME | Correlation To BSJQ | 1D Price Change % | ||
|---|---|---|---|---|
| BSJQ | 100% | -0.02% | ||
| HYLB - BSJQ | 98% Closely correlated | -0.16% | ||
| SPHY - BSJQ | 90% Closely correlated | -0.17% | ||
| SJNK - BSJQ | 85% Closely correlated | -0.12% | ||
| HYG - BSJQ | 83% Closely correlated | -0.21% | ||
| JNK - BSJQ | 82% Closely correlated | -0.18% | ||
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