GPAL Goldman Sachs ActBt® P-A US Lg Cp Eq ETF Forecast, Technical & Fundamental Analysis
GPAL's RSI Indicator sits in overbought zone for 1 day
Watch for a price pull-back in the near future.
Technical Analysis (Indicators)
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 GPAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GPAL broke above its upper Bollinger Band on December 08, 2023. 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on GPAL as a result. In of 26 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GPAL just turned positive on December 08, 2023. Looking at past instances where GPAL's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .
GPAL moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for GPAL crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GPAL advanced for three days, in of 107 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 114 cases where GPAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
GPAL and
Correlation & Price change
A.I.dvisor indicates that over the last year, GPAL has been closely correlated with SPY. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if GPAL jumps, then SPY could also see price increases.
| Ticker / NAME | Correlation To GPAL | 1D Price Change % | ||
|---|---|---|---|---|
| GPAL | 100% | +0.43% | ||
| SPY - GPAL | 99% Closely correlated | +0.43% | ||
| IVV - GPAL | 99% Closely correlated | +0.43% | ||
| VOO - GPAL | 99% Closely correlated | +0.43% | ||
| VTI - GPAL | 98% Closely correlated | +0.48% | ||
| VIG - GPAL | 94% Closely correlated | +0.22% |