ESGV sees MACD Histogram just turned negative
ESGV saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 15, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ESGV as a result. In of 68 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
ESGV moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ESGV crossed bearishly below the 50-day moving average on September 14, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ESGV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ESGV entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for ESGV's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
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 3-day Advance, the price is estimated to grow further. Considering data from situations where ESGV advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
ESGV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| NXG | 39.52 | 0.07 | +0.18% |
| NXG NextGen Infrastructure Income Fund | |||
| FSEP | 37.31 | -0.43 | -1.14% |
| FT Cboe Vest US Equity Buffer ETF Sep | |||
| JPS | 6.17 | -0.09 | -1.44% |
| Nuveen Preferred & Income Securities Fund | |||
| PRAY | 23.32 | -0.44 | -1.85% |
| FIS Biblically Responsible Risk Mgd ETF | |||
| MDEV | 18.18 | -0.40 | -2.14% |
| First Trust Indxx Global Mdcl Dvcs ETF | |||
ESGV and
Correlation & Price change
A.I.dvisor indicates that over the last year, ESGV has been closely correlated with IVV. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if ESGV jumps, then IVV could also see price increases.
| Ticker / NAME | Correlation To ESGV | 1D Price Change % | ||
|---|---|---|---|---|
| ESGV | 100% | -1.74% | ||
| IVV - ESGV | 99% Closely correlated | -1.64% | ||
| SPY - ESGV | 99% Closely correlated | -1.65% | ||
| VOO - ESGV | 99% Closely correlated | -1.64% | ||
| VTI - ESGV | 99% Closely correlated | -2.01% | ||
| VIG - ESGV | 94% Closely correlated | -1.28% |