CVAR in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 30, 2024
CVAR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 25 cases where CVAR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The 10-day moving average for CVAR crossed bearishly below the 50-day moving average on December 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 CVAR 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 CVAR entered a downward trend on January 08, 2025. 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 MidCapValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MGKQX | 11.94 | 0.08 | +0.67% |
| Morgan Stanley Global Permanence R6 | |||
| NPSGX | 16.51 | 0.10 | +0.61% |
| Nicholas Partners Small Cap Gr Instl | |||
| FDFAX | 87.31 | 0.30 | +0.34% |
| Fidelity Select Consumer Staples Port | |||
| CIPIX | 24.32 | 0.05 | +0.21% |
| Champlain Mid Cap Institutional | |||
| VYRBX | 27.15 | N/A | N/A |
| VY® Baron Growth R6 | |||
CVAR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CVAR has been closely correlated with IWS. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if CVAR jumps, then IWS could also see price increases.
| Ticker / NAME | Correlation To CVAR | 1D Price Change % | ||
|---|---|---|---|---|
| CVAR | 100% | +0.81% | ||
| IWS - CVAR | 92% Closely correlated | +0.54% | ||
| IJJ - CVAR | 78% Closely correlated | +0.37% | ||
| VOE - CVAR | 76% Closely correlated | +0.39% | ||
| COWZ - CVAR | 74% Closely correlated | +0.60% | ||
| SDY - CVAR | 73% Closely correlated | +0.47% |