FLOT iShares Floating Rate Bond ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Bloomberg U... Show more
FLOT's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for FLOT turned positive on April 16, 2025. Looking at past instances where FLOT's MACD turned positive, the stock continued to rise in of 61 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FLOT advanced for three days, in of 304 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 708 cases where FLOT 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JSML | 62.44 | 1.17 | +1.91% |
| Janus Henderson Small Cap Gr Alpha ETF | |||
| SPYX | 46.41 | 0.26 | +0.56% |
| SPDR® S&P 500 Fossil Fuel Rsrv Free ETF | |||
| BSTP | 32.54 | 0.14 | +0.42% |
| Innovator Buffer Step-Up Strategy ETF | |||
| DWX | 41.02 | -0.53 | -1.28% |
| SPDR® S&P® International Dividend ETF | |||
| MYY | 19.84 | -0.26 | -1.32% |
| ProShares Short MidCap400 | |||
FLOT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLOT has been closely correlated with BIL. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLOT jumps, then BIL could also see price increases.
| Ticker / NAME | Correlation To FLOT | 1D Price Change % | ||
|---|---|---|---|---|
| FLOT | 100% | +0.02% | ||
| BIL - FLOT | 91% Closely correlated | +0.02% | ||
| SHV - FLOT | 89% Closely correlated | +0.01% | ||
| FLRN - FLOT | 80% Closely correlated | N/A | ||
| FLTR - FLOT | 71% Closely correlated | +0.04% | ||
| VRIG - FLOT | 55% Loosely correlated | N/A | ||
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