CUT Invesco MSCI Global Timber ETF Forecast, Technical & Fundamental Analysis
CUT saw its Stochastic Oscillator leaves the overbought zone
The Stochastic Oscillator for CUT moved out of overbought territory on September 21, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 60 similar instances where the indicator exited the overbought zone. In of the 60 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
CUT moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CUT crossed bearishly below the 50-day moving average on August 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 CUT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CUT entered a downward trend on August 30, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CUT's RSI Oscillator exited the oversold zone, of 40 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on September 19, 2023. You may want to consider a long position or call options on CUT as a result. In of 83 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 CUT just turned positive on September 14, 2023. Looking at past instances where CUT'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 .
The 50-day moving average for CUT moved above the 200-day moving average on September 08, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CUT advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| BADEX | 9.10 | 0.07 | +0.78% |
| BlackRock Defensive Advantage EM Inv A | |||
| VSCNX | 17.68 | 0.01 | +0.06% |
| Natixis Vaughan Nelson Small Cap Value N | |||
| MEFYX | 17.40 | -0.01 | -0.06% |
| MassMutual Mid Cap Growth Svc | |||
| PIIQX | 10.49 | -0.01 | -0.10% |
| Principal International Equity Index R5 | |||
| HEOMX | 14.33 | -0.03 | -0.21% |
| Hartford Climate Opportunities A | |||
CUT and
Correlation & Price change
A.I.dvisor tells us that CUT and GUNR have been poorly correlated (+-0% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CUT and GUNR's prices will move in lockstep.