DIVZ TrueShares Low Volatility Equity Inc ETF Forecast, Technical & Fundamental Analysis
DIVZ in downward trend: price dove below 50-day moving average on September 15, 2023
DIVZ moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend. In of 32 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DIVZ as a result. In of 45 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 DIVZ turned negative on September 22, 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 27 similar instances when the indicator turned negative. In of the 27 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 DIVZ 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 DIVZ entered a downward trend on September 19, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DIVZ'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 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 DIVZ advanced for three days, in of 192 cases, the price rose further within the following month. The odds of a continued upward trend are .
DIVZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeValue
DIVZ and
Correlation & Price change
A.I.dvisor tells us that DIVZ and VYM have been poorly correlated (+7% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that DIVZ and VYM's prices will move in lockstep.
| Ticker / NAME | Correlation To DIVZ | 1D Price Change % | ||
|---|---|---|---|---|
| DIVZ | 100% | -0.54% | ||
| VYM - DIVZ | 7% Poorly correlated | -0.54% | ||
| DIA - DIVZ | 6% Poorly correlated | -0.50% | ||
| VTV - DIVZ | 6% Poorly correlated | -0.65% | ||
| IWD - DIVZ | 6% Poorly correlated | -0.47% | ||
| SCHD - DIVZ | 6% Poorly correlated | -0.35% |