GWX SPDR® S&P International Small Cap ETF Forecast, Technical & Fundamental Analysis
GWX in -2.35% downward trend, falling for three consecutive days on September 21, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GWX declined for three days, in of 271 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GWX as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GWX turned negative on September 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
GWX moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.
The Aroon Indicator for GWX entered a downward trend on August 29, 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 points to a transition from a downward trend to an upward trend -- in cases where GWX's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 GWX advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
GWX 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)
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 ForeignSmallMidValue
GWX and
Correlation & Price change
A.I.dvisor indicates that over the last year, GWX has been closely correlated with SCHC. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if GWX jumps, then SCHC could also see price increases.
| Ticker / NAME | Correlation To GWX | 1D Price Change % | ||
|---|---|---|---|---|
| GWX | 100% | +0.34% | ||
| SCHC - GWX | 96% Closely correlated | +0.18% | ||
| SCZ - GWX | 96% Closely correlated | +0.09% | ||
| VSS - GWX | 95% Closely correlated | +0.32% | ||
| DFIS - GWX | 94% Closely correlated | +0.09% | ||
| ISCF - GWX | 94% Closely correlated | +0.07% | ||
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