Momentum Indicator for EWS turns positive, indicating new upward trend
EWS saw its Momentum Indicator move above the 0 level on January 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned positive. In of the 95 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for EWS just turned positive on January 08, 2025. Looking at past instances where EWS's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
EWS moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EWS advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EWS broke above its upper Bollinger Band on January 08, 2025. 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.
The Aroon Indicator for EWS entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Miscellaneous
EWS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWS has been closely correlated with EWA. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWS jumps, then EWA could also see price increases.