EFAV iShares MSCI EAFE Min Vol Factor ETF Forecast, Technical & Fundamental Analysis
EFAV in -1.23% downward trend, declining for three consecutive days on September 27, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EFAV declined for three days, in of 276 cases, the price declined 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 EFAV as a result. In of 85 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 EFAV 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
EFAV moved below its 50-day moving average on September 18, 2023 date and that indicates a change from an upward trend to a downward trend.
Bullish Trend Analysis
The RSI Indicator 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 Uptrend is expected.
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.
EFAV 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 320 cases where EFAV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Notable companies
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 ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| FUTY | 37.92 | 0.06 | +0.16% |
| Fidelity® MSCI Utilities ETF | |||
| MPAY | 21.84 | -0.09 | -0.43% |
| Akros Monthly Payout ETF | |||
| CSA | 58.55 | -0.31 | -0.53% |
| VictoryShares US Small Cap Vol Wtd ETF | |||
| OMFS | 33.93 | -0.30 | -0.88% |
| Invesco Russell 2000® Dynamic Mltfct ETF | |||
| SCJ | 67.96 | -0.83 | -1.21% |
| iShares MSCI Japan Small-Cap ETF | |||
EFAV and
Correlation & Price change
A.I.dvisor indicates that over the last year, EFAV has been closely correlated with IEFA. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if EFAV jumps, then IEFA could also see price increases.
| Ticker / NAME | Correlation To EFAV | 1D Price Change % | ||
|---|---|---|---|---|
| EFAV | 100% | -0.24% | ||
| IEFA - EFAV | 95% Closely correlated | -0.33% | ||
| EFA - EFAV | 95% Closely correlated | -0.29% | ||
| VEA - EFAV | 93% Closely correlated | -0.32% | ||
| VEU - EFAV | 91% Closely correlated | -0.29% | ||
| VXUS - EFAV | 91% Closely correlated | -0.21% |