+Compare
FORH
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
29.14M

FORH Formidable ETF Forecast, Technical & Fundamental Analysis

Category MidCapBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for FORH with price predictions
08:00 PM EDT Sep 26, 2023

FORH sees MACD Histogram just turned negative

FORH saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 22, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 20 instances where the indicator turned negative. In of the 20 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FORH as a result. In of 48 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FORH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for FORH entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FORH advanced for three days, in of 147 cases, the price rose further within the following month. The odds of a continued upward trend are .

FORH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Pfizer (NYSE:PFE), American Tower Corp (NYSE:AMT), Altria Group (NYSE:MO), Activision Blizzard (NASDAQ:ATVI), PayPal Holdings (NASDAQ:PYPL), Pioneer Natural Resource Co (NYSE:PXD), Energy Transfer LP (NYSE:ET), Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Kinross Gold Corp (NYSE:KGC).

Industry description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing primarily in equity securities, including common stocks, preferred stocks, related depository receipts, REITs, and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks. The fund’s derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; (iii) volatility-linked exchange-traded notes (“ETNs”). It is non-diversified.

Market Cap

The average market capitalization across the Formidable ETF ETF is 69B. The market cap for tickers in the group ranges from 59.82M to 181.24B. PFE holds the highest valuation in this group at 181.24B. The lowest valued company is FLUX at 59.82M.

High and low price notable news

The average weekly price growth across all stocks in the Formidable ETF ETF was -3%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was -7%. BTE experienced the highest price growth at 7%, while FLUX experienced the biggest fall at -27%.

Volume

The average weekly volume growth across all stocks in the Formidable ETF ETF was 45%. For the same stocks of the ETF, the average monthly volume growth was 85% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

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

Valuation Rating: 44
P/E Growth Rating: 49
Price Growth Rating: 57
SMR Rating: 68
Profit Risk Rating: 63
Seasonality Score: -22 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published General Information

General Information

Category MidCapBlend

Profile
Fundamentals
Details
Category
Mid-Cap Blend
Address
ETF Opportunities Trust
Phone
N/A
Web
N/A
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
IVOCX16.880.18
+1.08%
Delaware Ivy Mid Cap Income Opps C
FIFNX15.970.14
+0.88%
Fidelity® Founders
MAAYX7.840.06
+0.77%
Morgan Stanley US Focus Real Estate A
HGOFX40.48N/A
N/A
Hartford Growth Opportunities F
VVISX10.79N/A
N/A
Vulcan Value Partners Small Cap Instl

FORH and

Correlation & Price change

A.I.dvisor indicates that over the last year, FORH has been closely correlated with SCHM. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if FORH jumps, then SCHM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FORH
1D Price
Change %
FORH100%
+0.24%
SCHM - FORH
85%
Closely correlated
+1.09%
MDY - FORH
2%
Poorly correlated
+1.06%
IJH - FORH
2%
Poorly correlated
+1.04%
IWR - FORH
1%
Poorly correlated
+0.89%
VO - FORH
0%
Poorly correlated
+0.76%
More