CVAR sees MACD Histogram crosses below signal line
CVAR saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 12, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 28 instances where the indicator turned negative. In of the 28 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CVAR as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
CVAR moved below its 50-day moving average on December 16, 2024 date and that indicates a change from an upward trend to a downward trend.
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 .
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVAR advanced for three days, in of 196 cases, the price rose further within the following month. The odds of a continued upward trend are .
CVAR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 147 cases where CVAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MidCapValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AFCLX | 16.74 | -0.05 | -0.30% |
| American Century Focused Intl Gr A | |||
| MSBKX | 8.41 | -0.03 | -0.36% |
| Morgan Stanley Global Focus Rl Est C | |||
| AGAQX | 12.24 | -0.07 | -0.57% |
| Allspring Global Long/Short Equity A | |||
| QRLVX | 31.43 | -0.20 | -0.63% |
| Federated Hermes MDT Large Cap Value R | |||
| OLVAX | 20.86 | -0.14 | -0.67% |
| JPMorgan Large Cap Value A | |||
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% | -0.36% | ||
| IWS - CVAR | 92% Closely correlated | -1.33% | ||
| IJJ - CVAR | 86% Closely correlated | -1.29% | ||
| VOE - CVAR | 84% Closely correlated | -0.80% | ||
| SDY - CVAR | 81% Closely correlated | -0.63% | ||
| COWZ - CVAR | 79% Closely correlated | -0.58% |