CPER United States Copper Index Forecast, Technical & Fundamental Analysis
CPER's Stochastic Oscillator is staying in oversold zone for 3 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CPER advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CPER as a result. In of 104 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 CPER turned negative on December 19, 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for CPER moved below the 200-day moving average on December 11, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CPER declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CPER broke above its upper Bollinger Band on December 09, 2024. 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 Aroon Indicator for CPER entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category CommoditiesBroadBasket
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LBISX | 20.04 | 0.27 | +1.37% |
| BrandywineGLOBAL Div US Large Value IS | |||
| PEIJX | 39.23 | 0.44 | +1.13% |
| Principal Equity Income J | |||
| BMEAX | 23.34 | 0.21 | +0.91% |
| BlackRock High Equity Income Investor A | |||
| BAILX | 10.67 | 0.04 | +0.38% |
| Brown Advisory Sustainable Intl Ldrs Ins | |||
| PDEAX | 17.32 | 0.04 | +0.23% |
| PGIM Jennison Emerging Markets Eq Opps A | |||
CPER and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CPER has been closely correlated with BCIM. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if CPER jumps, then BCIM could also see price increases.
| Ticker / NAME | Correlation To CPER | 1D Price Change % | ||
|---|---|---|---|---|
| CPER | 100% | +0.39% | ||
| BCIM - CPER | 89% Closely correlated | +0.71% | ||
| SLV - CPER | 60% Loosely correlated | +1.51% | ||
| IAUM - CPER | 53% Loosely correlated | +1.04% | ||
| GLDM - CPER | 52% Loosely correlated | +1.05% | ||
| SLVO - CPER | 50% Loosely correlated | +1.19% | ||
More | ||||