ERTH Invesco MSCI Sustainable Future ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for ERTH turns negative, indicating new downward trend
ERTH saw its Momentum Indicator move below the 0 level on December 13, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned negative. In of the 82 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
ERTH moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERTH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ERTH broke above its upper Bollinger Band on December 09, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for ERTH just turned positive on November 25, 2024. Looking at past instances where ERTH's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERTH advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 230 cases where ERTH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category ForeignLargeGrowth
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| HIISX | 14.45 | -0.06 | -0.41% |
| Harbor International Small Cap Investor | |||
| BHEIX | 28.31 | -0.15 | -0.53% |
| BlackRock High Equity Income K | |||
| FVLIX | 20.37 | -0.18 | -0.88% |
| Fidelity Advisor Value Leaders I | |||
| TRZZX | 58.72 | -0.65 | -1.09% |
| T. Rowe Price Small-Cap Stock Z | |||
| RSQCX | 14.24 | -0.16 | -1.11% |
| Royce Small-Cap Special Equity Consult | |||
ERTH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ERTH has been closely correlated with QCLN. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if ERTH jumps, then QCLN could also see price increases.
| Ticker / NAME | Correlation To ERTH | 1D Price Change % | ||
|---|---|---|---|---|
| ERTH | 100% | +0.16% | ||
| QCLN - ERTH | 91% Closely correlated | -0.11% | ||
| FDRV - ERTH | 88% Closely correlated | -0.29% | ||
| GSFP - ERTH | 82% Closely correlated | N/A | ||
| ICLN - ERTH | 81% Closely correlated | +0.55% | ||
| XT - ERTH | 80% Closely correlated | -0.38% | ||
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