CLSM Cabana Target Leading Sector Mod ETF Forecast, Technical & Fundamental Analysis
CLSM in downward trend: price dove below 50-day moving average on December 12, 2024
CLSM moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a downward trend. In of 28 similar past instances, the stock price decreased 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 CLSM 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 16 similar instances where the indicator moved out of overbought territory. In of the 16 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 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CLSM as a result. In of 61 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 CLSM turned negative on December 06, 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 24 similar instances when the indicator turned negative. In of the 24 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLSM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CLSM advanced for three days, in of 222 cases, the price rose further within the following month. The odds of a continued upward trend are .
CLSM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category ModerateAllocation
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DHINX | 11.92 | N/A | N/A |
| Centre Global Infrastructure Instl | |||
| NPNAX | 45.91 | -0.20 | -0.43% |
| Neuberger Berman Large Cap Value A | |||
| MDLVX | 29.93 | -0.15 | -0.50% |
| BlackRock Advantage Large Cap Val Inv A | |||
| IEMLX | 9.64 | -0.08 | -0.82% |
| Voya Multi-Manager Emerging Markets Eq W | |||
| TRVHX | 18.06 | -0.25 | -1.37% |
| Nuveen Mid Cap Value I | |||
CLSM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CLSM has been closely correlated with MKAM. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if CLSM jumps, then MKAM could also see price increases.
| Ticker / NAME | Correlation To CLSM | 1D Price Change % | ||
|---|---|---|---|---|
| CLSM | 100% | -0.39% | ||
| MKAM - CLSM | 82% Closely correlated | N/A | ||
| BAMO - CLSM | 82% Closely correlated | -0.32% | ||
| CGBL - CLSM | 81% Closely correlated | -0.65% | ||
| BAMA - CLSM | 81% Closely correlated | -0.28% | ||
| AVMA - CLSM | 81% Closely correlated | -0.46% | ||
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