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% | -0.25% | ||
| SCHM - EQAL | 98% Closely correlated | -0.88% | ||
| SPMD - EQAL | 98% Closely correlated | -0.92% | ||
| IWR - EQAL | 95% Closely correlated | -0.27% | ||
| XMHQ - EQAL | 93% Closely correlated | -0.29% | ||
| VO - EQAL | 93% Closely correlated | -0.52% | ||
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 31 of 41 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 76%.
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 59 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 66%.
The Moving Average Convergence Divergence Histogram (MACD) for EQAL turned negative on August 25, 2026. 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 55 similar instances when the indicator turned negative. In 40 of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at 73%.
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 74%.
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, 24 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 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 +1.04% 3-day Advance, the price is estimated to grow further. Considering data from situations where EQAL advanced for three days, in 289 of 352 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.
The Aroon Indicator entered an Uptrend today. In 263 of 323 cases where EQAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.