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CLRG
ETF ticker: NASDAQ
AS OF
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Net Assets
29.75M

CLRG IQ U.S. Large Cap ETF Forecast, Technical & Fundamental Analysis

Category LargeBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for CLRG with price predictions
07:00 PM EST Dec 05, 2023

CLRG sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for CLRG moved above the 200-day moving average on November 27, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on CLRG as a result. In of 70 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 CLRG just turned positive on November 02, 2023. Looking at past instances where CLRG's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

CLRG moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CLRG crossed bullishly above the 50-day moving average on November 13, 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 CLRG advanced for three days, in of 323 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 383 cases where CLRG 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 CLRG 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 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where CLRG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLRG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Unitedhealth Group (NASDAQ:UNH), Broadcom (NASDAQ:AVGO), Walmart (NASDAQ:WMT), Exxon Mobil Corp (NASDAQ:XOM), Oracle Corp (NASDAQ:ORCL), Home Depot (NASDAQ:HD), Chevron Corp (NASDAQ:CVX), Costco Wholesale Corp (NASDAQ:COST).

Industry description

The investment seeks investment results that track (before fees and expenses) the price and yield performance of the Nasdaq Chaikin Power U.S. Large Cap Index (the "underlying index"). The underlying index is an equally weighted index of large-capitalization securities. The fund generally will invest in all of the securities that comprise its underlying index in proportion to their weightings in the underlying index. It invests, under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of large-capitalization U.S. issuers.

Market Cap

The average market capitalization across the IQ U.S. Large Cap ETF ETF is 124.66B. The market cap for tickers in the group ranges from 18.1B to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is VLTO at 18.1B.

High and low price notable news

The average weekly price growth across all stocks in the IQ U.S. Large Cap ETF ETF was 1%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 6%. CVS experienced the highest price growth at 10%, while INTC experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the IQ U.S. Large Cap ETF ETF was -58%. For the same stocks of the ETF, the average monthly volume growth was -50% and the average quarterly volume growth was -53%

Fundamental Analysis Ratings

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

Valuation Rating: 57
P/E Growth Rating: 54
Price Growth Rating: 40
SMR Rating: 52
Profit Risk Rating: 37
Seasonality Score: 9 (-100 ... +100)
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CLRG and

Correlation & Price change

A.I.dvisor indicates that over the last year, CLRG has been closely correlated with VIG. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if CLRG jumps, then VIG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CLRG
1D Price
Change %
CLRG100%
-0.15%
VIG - CLRG
96%
Closely correlated
-0.22%
VTI - CLRG
93%
Closely correlated
-0.38%
IVV - CLRG
93%
Closely correlated
-0.43%
SPY - CLRG
93%
Closely correlated
-0.42%
VOO - CLRG
92%
Closely correlated
-0.43%