EUSB iShares ESG Advanced Ttl USD Bd Mrkt ETF Forecast, Technical & Fundamental Analysis

EUSB's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Oscillator for EUSB moved out of overbought territory on December 04, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 12 instances where the indicator moved out of the overbought zone. In of the 12 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EUSB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EUSB broke above its upper Bollinger Band on November 02, 2023. 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 Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on EUSB as a result. In of 54 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EUSB just turned positive on October 26, 2023. Looking at past instances where EUSB's MACD turned positive, the stock continued to rise in of 37 cases over the following month. The odds of a continued upward trend are .

EUSB moved above its 50-day moving average on November 07, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for EUSB crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 EUSB advanced for three days, in of 187 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 120 cases where EUSB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)