CVY Invesco Zacks Multi-Asset Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Zacks Multi-Asset Income Index (the "underlying index")... Show more
CVY sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for CVY moved below the 200-day moving average on April 10, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
CVY moved below its 50-day moving average on March 28, 2025 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 CVY 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 points to a transition from a downward trend to an upward trend -- in cases where CVY's RSI Oscillator exited the oversold zone, of 17 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 April 21, 2025. You may want to consider a long position or call options on CVY as a result. In of 75 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 CVY just turned positive on April 22, 2025. Looking at past instances where CVY's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CVY advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .
CVY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category AggressiveAllocation
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RPNCX | 9.80 | 0.29 | +3.05% |
| Riverpark/Next Century Growth Retail | |||
| VINAX | 130.86 | 2.53 | +1.97% |
| Vanguard Industrials Index Admiral | |||
| EIVAX | 13.51 | 0.20 | +1.50% |
| Allspring Special Large Cap Value A | |||
| VLCRX | 6.34 | 0.09 | +1.44% |
| Voya Large Cap Value Port R6 | |||
| SVXYX | 58.16 | 0.82 | +1.43% |
| Smead International Value Y | |||
CVY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CVY has been closely correlated with MDIV. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if CVY jumps, then MDIV could also see price increases.
| Ticker / NAME | Correlation To CVY | 1D Price Change % | ||
|---|---|---|---|---|
| CVY | 100% | +1.12% | ||
| MDIV - CVY | 86% Closely correlated | +0.70% | ||
| HIPS - CVY | 83% Closely correlated | +0.93% | ||
| ALTY - CVY | 82% Closely correlated | +0.33% | ||
| NTSX - CVY | 74% Closely correlated | +0.81% | ||
| EVT - CVY | 13% Poorly correlated | +0.81% | ||
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