ELQD iShares ESG Advanced Inv Grd Corp Bd ETF Forecast, Technical & Fundamental Analysis
ELQD in +0.16% Uptrend, growing for three consecutive days on January 02, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ELQD advanced for three days, in of 189 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
ELQD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELQD 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 IntermediateTermBond
ELQD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ELQD has been closely correlated with USIG. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if ELQD jumps, then USIG could also see price increases.
| Ticker / NAME | Correlation To ELQD | 1D Price Change % | ||
|---|---|---|---|---|
| ELQD | 100% | N/A | ||
| USIG - ELQD | 99% Closely correlated | -0.12% | ||
| SPBO - ELQD | 99% Closely correlated | -0.10% | ||
| IGIB - ELQD | 98% Closely correlated | -0.10% | ||
| SPIB - ELQD | 95% Closely correlated | -0.09% | ||
| SCHI - ELQD | 95% Closely correlated | -0.04% | ||
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