CMDY iShares Bloomberg Roll Sel Brd Cmdty ETF Forecast, Technical & Fundamental Analysis

CMDY's Stochastic Oscillator sits in overbought zone for 6 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 30, 2024. You may want to consider a long position or call options on CMDY as a result. In of 84 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 CMDY just turned positive on December 27, 2024. Looking at past instances where CMDY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

CMDY moved above its 50-day moving average on December 27, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CMDY crossed bullishly above the 50-day moving average on January 03, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 CMDY advanced for three days, in of 377 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 258 cases where CMDY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .