CXSE WisdomTree China ex-State-Owd Entpr ETF Forecast, Technical & Fundamental Analysis
CXSE's Indicator enters downward trend
The Aroon Indicator for CXSE entered a downward trend on August 30, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 185 similar instances where the Aroon Indicator formed such a pattern. In of the 185 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CXSE as a result. In of 77 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 CXSE turned negative on September 08, 2023. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
CXSE moved below its 50-day moving average on September 05, 2023 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 CXSE 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 CXSE's RSI Oscillator exited the oversold zone, of 43 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where CXSE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 CXSE advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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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 PacificAsiaexJapanStk
CXSE and
Correlation & Price change
A.I.dvisor indicates that over the last year, CXSE has been closely correlated with MCHI. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if CXSE jumps, then MCHI could also see price increases.
| Ticker / NAME | Correlation To CXSE | 1D Price Change % | ||
|---|---|---|---|---|
| CXSE | 100% | +0.65% | ||
| MCHI - CXSE | 98% Closely correlated | +0.77% | ||
| FXI - CXSE | 97% Closely correlated | +1.03% | ||
| KWEB - CXSE | 96% Closely correlated | +1.33% | ||
| ASHR - CXSE | 87% Closely correlated | +0.74% | ||
| EWT - CXSE | 50% Loosely correlated | -0.47% |