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EATZ
ETF ticker: NYSE ARCA
AS OF
Dec 20 closing price
Price
$28.43
Change
+$0.14 (+0.49%)
Net Assets
3.42M

EATZ stock forecast, quote, news & analysis

EATZ
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for EATZ with price predictions
Dec 20, 2024

EATZ in downward trend: price dove below 50-day moving average on December 18, 2024

EATZ moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend. In of 39 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EATZ as a result. In of 67 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 EATZ 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 EATZ 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 EATZ's RSI Oscillator exited the oversold zone, of 22 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 8 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 EATZ advanced for three days, in of 242 cases, the price rose further within the following month. The odds of a continued upward trend are .

EATZ 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 204 cases where EATZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are McDonald's Corp (NYSE:MCD), Starbucks Corp (NASDAQ:SBUX), Chipotle Mexican Grill (NYSE:CMG), Yum! Brands (NYSE:YUM), Darden Restaurants (NYSE:DRI), Domino's Pizza (NYSE:DPZ), Shake Shack (NYSE:SHAK).

Industry description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the restaurant business. It invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ADRs. The fund will concentrate at least 25% of its investments in the Hotels, Restaurants & Leisure Industry within the Consumer Discretionary Sector. It is non-diversified.

Market Cap

The average market capitalization across the AdvisorShares Restaurant ETF ETF is 23.3B. The market cap for tickers in the group ranges from 269.73M to 209.74B. MCD holds the highest valuation in this group at 209.74B. The lowest valued company is PBPB at 269.73M.

High and low price notable news

The average weekly price growth across all stocks in the AdvisorShares Restaurant ETF ETF was -2%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 16%. DRI experienced the highest price growth at 13%, while JACK experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the AdvisorShares Restaurant ETF ETF was 127%. For the same stocks of the ETF, the average monthly volume growth was 113% and the average quarterly volume growth was -4%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 61
Price Growth Rating: 55
SMR Rating: 49
Profit Risk Rating: 59
Seasonality Score: 18 (-100 ... +100)
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EATZ
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A.I. Advisor
published General Information

General Information

Category ConsumerDiscretionary

Profile
Fundamentals
Details
Category
Consumer Cyclical
Address
AdvisorShares Trust Suite 7003 Bethesda Metro CenterBethesda
Phone
(202) 684-6383
Web
www.advisorshares.com