CFO VictoryShares US 500 Enh Vol Wtd ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for CFO turns positive, indicating new upward trend
CFO saw its Momentum Indicator move above the 0 level on November 03, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 80 similar instances where the indicator turned positive. In of the 80 cases, the stock moved higher in the following days. The odds of a move higher are 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 CFO'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 Moving Average Convergence Divergence (MACD) for CFO just turned positive on November 02, 2023. Looking at past instances where CFO's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
CFO moved above its 50-day moving average on November 24, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CFO crossed bullishly above the 50-day moving average on November 28, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 CFO advanced for three days, in of 365 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 370 cases where CFO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for CFO moved out of overbought territory on December 05, 2023. 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 52 similar instances where the indicator moved out of overbought territory. In of the 52 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
CFO broke above its upper Bollinger Band on December 04, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| OPMIX | 29.02 | 0.13 | +0.45% |
| Invesco Main Street Mid Cap R6 | |||
| MINGX | 39.83 | 0.15 | +0.38% |
| MFS International Intrinsic Value R3 | |||
| SGMIX | 9.80 | N/A | N/A |
| SEI Global Managed Volatility I (SIMT) | |||
| CDGIX | 13.37 | N/A | N/A |
| Crawford Large Cap Dividend I | |||
| MTIIX | 11.90 | -0.02 | -0.17% |
| Morgan Stanley Inst Glbl Infras I | |||
CFO and
Correlation & Price change
A.I.dvisor indicates that over the last year, CFO has been closely correlated with VTI. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if CFO jumps, then VTI could also see price increases.