CWB's RSI Oscillator recovers from overbought zone
The 10-day RSI Indicator for CWB moved out of overbought territory on December 03, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 instances where the indicator moved out of the overbought zone. In of the 39 cases the stock moved lower in the days that followed. This puts the odds of a move down 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 CWB as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CWB turned negative on December 09, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CWB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CWB broke above its upper Bollinger Band on November 25, 2024. 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.
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CWB advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 410 cases where CWB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Convertibles
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MSSGX | 17.35 | -0.02 | -0.12% |
| Morgan Stanley Inst Inception I | |||
| INGIX | 21.08 | -0.08 | -0.38% |
| Voya US Stock Index Port I | |||
| CGFFX | 83.06 | -0.41 | -0.49% |
| American Funds Growth Fund of Amer 529F | |||
| TICSX | 7.24 | -0.09 | -1.23% |
| Touchstone Small Company Instl | |||
| AMALX | 11.03 | -0.17 | -1.53% |
| American Century Small Cap Dividend G | |||
CWB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CWB has been closely correlated with ICVT. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if CWB jumps, then ICVT could also see price increases.
| Ticker / NAME | Correlation To CWB | 1D Price Change % | ||
|---|---|---|---|---|
| CWB | 100% | -0.52% | ||
| ICVT - CWB | 94% Closely correlated | -0.53% | ||
| CVRT - CWB | 89% Closely correlated | -0.95% | ||
| QCON - CWB | 84% Closely correlated | -0.31% | ||
| FCVT - CWB | 83% Closely correlated | -0.60% |