EVUS iShares ESG Aware MSCI USA Value ETF Forecast, Technical & Fundamental Analysis
EVUS in +1.93% Uptrend, growing for three consecutive days on December 01, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where EVUS advanced for three days, in of 76 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on EVUS as a result. In of 53 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 EVUS just turned positive on November 01, 2023. Looking at past instances where EVUS's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .
EVUS moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for EVUS crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .
The Aroon Indicator entered an Uptrend today. In of 61 cases where EVUS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 20 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 EVUS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 LargeValue
EVUS and
Correlation & Price change
A.I.dvisor tells us that EVUS and SCHD have been poorly correlated (+6% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that EVUS and SCHD's prices will move in lockstep.
| Ticker / NAME | Correlation To EVUS | 1D Price Change % | ||
|---|---|---|---|---|
| EVUS | 100% | +0.93% | ||
| SCHD - EVUS | 6% Poorly correlated | +1.11% | ||
| IWD - EVUS | 5% Poorly correlated | +1.10% | ||
| VTV - EVUS | 0% Poorly correlated | +0.89% | ||
| VYM - EVUS | -1% Poorly correlated | +1.03% | ||
| DIA - EVUS | -1% Poorly correlated | +0.85% |