CSA VictoryShares US Small Cap Vol Wtd ETF Forecast, Technical & Fundamental Analysis
CSA in upward trend: 10-day moving average broke above 50-day moving average on November 15, 2023
The 10-day moving average for CSA crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on CSA as a result. In of 82 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 CSA just turned positive on November 02, 2023. Looking at past instances where CSA's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
CSA moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CSA advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CSA broke above its upper Bollinger Band on December 01, 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.
The Aroon Indicator for CSA entered a downward trend on October 31, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category SmallBlend
CSA and
Correlation & Price change
A.I.dvisor indicates that over the last year, CSA has been closely correlated with IJR. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if CSA jumps, then IJR could also see price increases.
| Ticker / NAME | Correlation To CSA | 1D Price Change % | ||
|---|---|---|---|---|
| CSA | 100% | +2.60% | ||
| IJR - CSA | 99% Closely correlated | +2.92% | ||
| SPSM - CSA | 99% Closely correlated | +2.87% | ||
| FNDA - CSA | 98% Closely correlated | +2.86% | ||
| VTWO - CSA | 97% Closely correlated | +3.00% | ||
| IWM - CSA | 97% Closely correlated | +2.92% | ||
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