FLOT iShares Floating Rate Bond ETF Forecast, Technical & Fundamental Analysis
FLOT in +0.06% Uptrend, rising for three consecutive days on February 19, 2025
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 FLOT advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FLOT just turned positive on February 14, 2025. Looking at past instances where FLOT's MACD turned positive, the stock continued to rise in of 60 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 717 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
FLOT broke above its upper Bollinger Band on January 30, 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.
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| BSCT | 18.48 | 0.05 | +0.27% |
| Invesco BulletShares 2029 Corp Bd ETF | |||
| EEMA | 76.62 | 0.18 | +0.24% |
| iShares MSCI Emerging Markets Asia ETF | |||
| BMAY | 41.10 | -0.20 | -0.48% |
| Innovator U.S. Equity Buffer ETF™- May | |||
| NZUS | 32.00 | -0.61 | -1.87% |
| SPDR MSCI USA Climate Paris Aligned ETF | |||
| UYM | 24.66 | -0.99 | -3.84% |
| ProShares Ultra Materials | |||
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 | +0.03% | ||
| SHV - FLOT | 89% Closely correlated | +0.04% | ||
| FLRN - FLOT | 80% Closely correlated | +0.03% | ||
| FLTR - FLOT | 71% Closely correlated | +0.04% | ||
| VRIG - FLOT | 55% Loosely correlated | +0.04% | ||
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