EBIZ Global X E-commerce ETF Forecast, Technical & Fundamental Analysis
EBIZ's Stochastic Oscillator is sitting in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EBIZ advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
EBIZ 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 276 cases where EBIZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for EBIZ moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EBIZ as a result. In of 72 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 EBIZ turned negative on December 16, 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 49 similar instances when the indicator turned negative. In of the 49 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 EBIZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category ConsumerDiscretionary
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| VGENX | 48.69 | 0.49 | +1.02% |
| Vanguard Energy Inv | |||
| FSIRX | 8.34 | 0.04 | +0.48% |
| Fidelity Advisor Strategic Real Ret I | |||
| JEMKX | 9.61 | 0.01 | +0.15% |
| JHancock Emerging Markets Equity R2 | |||
| BIDEX | 10.12 | -0.02 | -0.20% |
| BlackRock Defensive Advantage EM Instl | |||
| LZFOX | 8.32 | -0.97 | -10.46% |
| Lazard Equity Franchise Open Shares | |||
EBIZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EBIZ has been closely correlated with PEJ. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if EBIZ jumps, then PEJ could also see price increases.
| Ticker / NAME | Correlation To EBIZ | 1D Price Change % | ||
|---|---|---|---|---|
| EBIZ | 100% | +0.93% | ||
| PEJ - EBIZ | 84% Closely correlated | +1.02% | ||
| VCR - EBIZ | 80% Closely correlated | +0.68% | ||
| FDIS - EBIZ | 79% Closely correlated | +0.41% | ||
| FXD - EBIZ | 79% Closely correlated | +1.55% | ||
| XLY - EBIZ | 75% Closely correlated | +0.25% | ||
More | ||||