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BTAL
ETF ticker: NYSE ARCA
AS OF
Dec 18, 11:23 AM (EDT)
Price
$18.61
Change
-$0.09 (-0.48%)
Net Assets
355.7M

BTAL stock forecast, quote, news & analysis

Category: @Long-Short
BTAL
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for BTAL with price predictions
Dec 17, 2024

BTAL's RSI Oscillator ascends from oversold territory

The RSI Oscillator for BTAL moved out of oversold territory on November 26, 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 33 similar instances when the indicator left oversold territory. In of the 33 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

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 58 cases where BTAL'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 December 17, 2024. You may want to consider a long position or call options on BTAL as a result. In of 85 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 BTAL just turned positive on December 13, 2024. Looking at past instances where BTAL's MACD turned positive, the stock continued to rise in of 52 cases over the following month. 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 BTAL advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

BTAL 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 50-day moving average for BTAL moved below the 200-day moving average on December 13, 2024. 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 BTAL 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 BTAL entered a downward trend on December 17, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Tesla (NASDAQ:TSLA), Exxon Mobil Corp (NYSE:XOM), Unitedhealth Group (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), ABBVIE (NYSE:ABBV), Chevron Corp (NYSE:CVX), McDonald's Corp (NYSE:MCD), International Business Machines Corp (NYSE:IBM), Cisco Systems (NASDAQ:CSCO).

Industry description

The investment seeks to provide a consistent negative beta exposure to the U.S. equity market. The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. It will construct a dollar neutral portfolio of long and short positions of U.S. equities by investing primarily in the constituent securities of the Dow Jones U.S. Thematic Market Neutral Low Beta Index in approximately the same weight as they appear in the index. The universe for the index is comprised of the top 1,000 eligible securities by market capitalization, including REITs.

Market Cap

The average market capitalization across the AGF U.S. Market Neutral Anti-Beta ETF is 34.05B. The market cap for tickers in the group ranges from 1B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is WOLF at 1B.

High and low price notable news

The average weekly price growth across all stocks in the AGF U.S. Market Neutral Anti-Beta ETF was 21%. For the same ETF, the average monthly price growth was 110%, and the average quarterly price growth was 327%. CIEN experienced the highest price growth at 24%, while CLF experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the AGF U.S. Market Neutral Anti-Beta ETF was 3%. For the same stocks of the ETF, the average monthly volume growth was -13% and the average quarterly volume growth was 19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 64
P/E Growth Rating: 55
Price Growth Rating: 47
SMR Rating: 60
Profit Risk Rating: 53
Seasonality Score: 17 (-100 ... +100)
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BTAL
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A.I. Advisor
published General Information

General Information

Category LongShort

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Equity Market Neutral
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