The investment seeks to track the investment results (before fees and expenses) of the Russell 1000® Equal Weight Index (the "underlying index")... Show more
Category MidCapBlend
A.I.dvisor indicates that over the last year, EQAL has been closely correlated with SCHM. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if EQAL jumps, then SCHM could also see price increases.
| Ticker / NAME | Correlation To EQAL | 1D Price Change % | ||
|---|---|---|---|---|
| EQAL | 100% | +0.80% | ||
| SCHM - EQAL | 98% Closely correlated | +0.79% | ||
| SPMD - EQAL | 98% Closely correlated | +0.97% | ||
| IWR - EQAL | 94% Closely correlated | +0.64% | ||
| XMHQ - EQAL | 93% Closely correlated | +0.21% | ||
| VO - EQAL | 92% Closely correlated | +0.57% | ||
More | ||||
EQAL moved below its 50-day moving average on September 09, 2026 date and that indicates a change from an upward trend to a downward trend. In 30 of 39 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 77%.
The Momentum Indicator moved below the 0 level on August 27, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on EQAL as a result. In 64 of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 73%.
The 10-day moving average for EQAL crossed bearishly below the 50-day moving average on September 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 77%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EQAL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 75%.
The Aroon Indicator for EQAL entered a downward trend on October 02, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where EQAL's RSI Oscillator exited the oversold zone, 23 of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 17 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 +1.27% 3-day Advance, the price is estimated to grow further. Considering data from situations where EQAL advanced for three days, in 291 of 357 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
EQAL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.