EFAD ProShares MSCI EAFE Dividend Growers Forecast, Technical & Fundamental Analysis
EFAD sees MACD Histogram just turned negative
EFAD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 16, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move 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 EFAD as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EFAD 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 EFAD entered a downward trend on November 26, 2024. 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where EFAD's RSI Oscillator exited the oversold zone, of 33 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 3 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 EFAD advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
EFAD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MURSX | 10.26 | N/A | N/A |
| Morgan Stanley Inst US Real Estate R6 | |||
| HDRVX | 15.62 | -0.03 | -0.19% |
| Janus Henderson Responsible Intl DivN | |||
| FDKFX | 13.42 | -0.06 | -0.45% |
| Fidelity International Discovery K6 | |||
| ITHSX | 54.78 | -0.32 | -0.58% |
| Hartford Capital Appreciation R4 | |||
| RYVLX | 606.52 | -5.38 | -0.88% |
| Rydex NASDAQ-100® 2x Strategy A | |||
EFAD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EFAD has been closely correlated with DIHP. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if EFAD jumps, then DIHP could also see price increases.
| Ticker / NAME | Correlation To EFAD | 1D Price Change % | ||
|---|---|---|---|---|
| EFAD | 100% | -0.22% | ||
| DIHP - EFAD | 92% Closely correlated | -0.18% | ||
| SSXU - EFAD | 83% Closely correlated | -0.34% | ||
| DNL - EFAD | 77% Closely correlated | +0.01% | ||
| IHDG - EFAD | 6% Poorly correlated | -0.18% | ||
| IMTM - EFAD | 4% Poorly correlated | -0.52% | ||
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