GSEW Goldman Sachs Equal Wght US Lg Cp Eq ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for GSEW turns positive, indicating new upward trend
GSEW saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GSEW just turned positive on November 02, 2023. Looking at past instances where GSEW's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
GSEW moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for GSEW crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 GSEW advanced for three days, in of 357 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 368 cases where GSEW 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for GSEW moved below the 200-day moving average on October 27, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GSEW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MINIX | 43.06 | 0.01 | +0.02% |
| MFS International Intrinsic Value I | |||
| PTMQX | 19.09 | -0.01 | -0.05% |
| PGIM Quant Solutions Large-Cap Cor Eq R6 | |||
| MBCNX | 17.99 | -0.02 | -0.11% |
| MassMutual Blue Chip Growth R3 | |||
| IYGEX | 7.99 | -0.01 | -0.13% |
| Delaware Global Equity II R | |||
| BRKRX | 12.17 | -0.04 | -0.33% |
| MFS Blended Research Em Mkts Eq R1 | |||
GSEW and
Correlation & Price change
A.I.dvisor indicates that over the last year, GSEW has been closely correlated with VTI. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if GSEW jumps, then VTI could also see price increases.
| Ticker / NAME | Correlation To GSEW | 1D Price Change % | ||
|---|---|---|---|---|
| GSEW | 100% | +0.46% | ||
| VTI - GSEW | 93% Closely correlated | +0.04% | ||
| IVV - GSEW | 91% Closely correlated | -0.05% | ||
| SPY - GSEW | 91% Closely correlated | -0.07% | ||
| VIG - GSEW | 91% Closely correlated | -0.12% | ||
| VOO - GSEW | 90% Closely correlated | -0.06% |