BWG in downward trend: price expected to drop as it breaks its higher Bollinger Band on February 05, 2025
BWG broke above its upper Bollinger Band on February 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 35 similar instances where the stock broke above the upper band. In of the 35 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Bullish Trend Analysis
The 10-day moving average for BWG crossed bullishly above the 50-day moving average on January 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 BWG advanced for three days, in of 329 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 204 cases where BWG 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 % |
| ADNIX | 15.35 | 0.28 | +1.86% |
| American Beacon ARK Transfmt Innov R5 | |||
| FATEX | 102.46 | 1.82 | +1.81% |
| Fidelity Advisor Technology M | |||
| DQIYX | 31.63 | 0.51 | +1.64% |
| BNY Mellon Equity Income Fund Y | |||
| CSGEX | 13.05 | 0.16 | +1.24% |
| BlackRock Advantage Small Cap Gr Inv A | |||
| MEGMX | 13.35 | -0.23 | -1.69% |
| Matthews Emerging Markets Equity Inv | |||
BWG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BWG has been loosely correlated with IBND. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if BWG jumps, then IBND could also see price increases.
| Ticker / NAME | Correlation To BWG | 1D Price Change % | ||
|---|---|---|---|---|
| BWG | 100% | +0.47% | ||
| IBND - BWG | 47% Loosely correlated | -0.08% | ||
| GDO - BWG | 41% Loosely correlated | -0.09% | ||
| JPIB - BWG | 38% Loosely correlated | +0.40% | ||
| SPSK - BWG | 20% Poorly correlated | +0.79% | ||
| FLIA - BWG | 14% Poorly correlated | +0.32% | ||
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