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EVNT
ETF ticker: NYSE ARCA
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EVNT stock forecast, quote, news & analysis

The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market... Show more

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EVNT
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a Summary for EVNT with price predictions
Sep 22, 2026

EVNT's RSI Indicator ascends from oversold territory

The RSI Indicator for EVNT moved out of oversold territory on September 16, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In 21 of the 23 cases the stock moved higher. This puts the odds of a move higher at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 55 cases where EVNT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 76%.

The Momentum Indicator moved above the 0 level on September 22, 2026. You may want to consider a long position or call options on EVNT as a result. In 63 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 72%.

The Moving Average Convergence Divergence (MACD) for EVNT just turned positive on September 22, 2026. Looking at past instances where EVNT's MACD turned positive, the stock continued to rise in 42 of 56 cases over the following month. The odds of a continued upward trend are 75%.

EVNT moved above its 50-day moving average on September 22, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a +1.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where EVNT advanced for three days, in 210 of 276 cases, the price rose further within the following month. The odds of a continued upward trend are 76%.

The Aroon Indicator entered an Uptrend today. In 156 of 201 cases where EVNT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 78%.

Bearish Trend Analysis

The 10-day moving average for EVNT crossed bearishly below the 50-day moving average on September 11, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 6 of 12 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 50%.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVNT 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 60%.

EVNT broke above its upper Bollinger Band on September 22, 2026. 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Advanced Micro Devices (NASDAQ:AMD), Nextera Energy Inc (NYSE:NEE), Boeing Company (NYSE:BA), Norfolk Southern Corp (NYSE:NSC), Boston Scientific Corp (NYSE:BSX), Dominion Energy (NYSE:D), United Airlines Holdings (NASDAQ:UAL), EQT Corp (NYSE:EQT), VF Corp (NYSE:VFC).

Industry description

The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market. To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.

Market Cap

The average market capitalization across the AltShares Event-Driven ETF (EVNT) ETF is 62.85B. The market cap for tickers in the group ranges from 373.04M to 1.02T. AMD holds the highest valuation in this group at 1.02T. The lowest valued company is IHRT at 373.04M.

High and low price notable news

The average weekly price growth across all stocks in the AltShares Event-Driven ETF (EVNT) ETF was 41%. For the same ETF, the average monthly price growth was 41%, and the average quarterly price growth was 297%. VKTX experienced the highest price growth at 36%, while PENN experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the AltShares Event-Driven ETF (EVNT) ETF was 70%. For the same stocks of the ETF, the average monthly volume growth was 85% and the average quarterly volume growth was 31%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 56
Price Growth Rating: 50
SMR Rating: 68
Profit Risk Rating: 71
Seasonality Score: -6 (-100 ... +100)
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published General Information

General Information

Category Trading

Category
Event Driven
Address
wicShares Trust41 Madison Avenue, 42nd Floor, New York, New York 10010
Phone
800-560-8210
Web
N/A
EVNT's RSI Indicator ascends from oversold territory