GOVT Price Prediction, iShares US Treasury Bond ETF AI Recommendations
| AI Robots Name | P/L |
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GOVT's Indicator enters downward trend
The Aroon Indicator for GOVT entered a downward trend on September 23, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 203 similar instances where the Aroon Indicator formed such a pattern. In 104 of the 203 cases the stock moved lower. This puts the odds of a downward move at 51%.
Technical Analysis (Indicators)
Bearish Trend Analysis
GOVT moved below its 50-day moving average on August 19, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for GOVT crossed bearishly below the 50-day moving average on August 24, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 GOVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOVT advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .
GOVT 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)
Industry description
| Technical Analysis | # Of Indicators | Avg. Odds |
|---|---|---|
General Information
Category IntermediateGovernment
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JVAL | 30.59 | -0.63 | -2.02% |
| JPMorgan US Value Factor ETF | |||
| KSCD | 24.79 | -0.55 | -2.17% |
| KFA Small Cap Quality Dividend ETF | |||
| VIGI | 62.21 | -1.41 | -2.22% |
| Vanguard Intl Div Apprec ETF | |||
| PSP | 8.58 | -0.27 | -3.05% |
| Invesco Global Listed Private Equity ETF | |||
| FRNW | 22.04 | -0.75 | -3.28% |
| Fidelity® Clean Energy ETF | |||
GOVT and
Correlation & Price change
A.I.dvisor indicates that over the last year, GOVT has been closely correlated with SPTI. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if GOVT jumps, then SPTI could also see price increases.
| Ticker / NAME | Correlation To GOVT | 1D Price Change % |
|---|---|---|
| GOVT | 100% | -0.02% |
| SPTI - GOVT | 96% Closely correlated | -0.04% |
| SCHR - GOVT | 96% Closely correlated | -0.10% |
| VGIT - GOVT | 96% Closely correlated | -0.09% |
| IEI - GOVT | 95% Closely correlated | -0.17% |
| VMBS - GOVT | 90% Closely correlated | -0.68% |
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