HDMV First Trust Hrzn MgdVolatil Dev Intl ETF Forecast, Technical & Fundamental Analysis
HDMV in -0.55% downward trend, sliding for three consecutive days on December 17, 2024
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 HDMV declined for three days, in of 251 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 December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HDMV as a result. In of 83 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 HDMV turned negative on December 17, 2024. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
HDMV broke above its upper Bollinger Band on November 29, 2024. 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HDMV's RSI Indicator exited the oversold zone, of 25 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 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 HDMV advanced for three days, in of 329 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 320 cases where HDMV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category ForeignLargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| EIFGX | 29.31 | -0.15 | -0.51% |
| Eaton Vance Focused Growth Opps I | |||
| EIVDX | 14.69 | -0.10 | -0.68% |
| Allspring Special Large Cap Value Admin | |||
| IENYX | 28.61 | -0.20 | -0.69% |
| Invesco Energy Y | |||
| REPSX | 40.31 | -0.30 | -0.74% |
| ProFunds Real Estate UltraSector Svc | |||
| FCDIX | 38.91 | -0.55 | -1.39% |
| Fidelity Advisor Stock Selector Sm Cp I | |||
HDMV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HDMV has been closely correlated with DFIV. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if HDMV jumps, then DFIV could also see price increases.
| Ticker / NAME | Correlation To HDMV | 1D Price Change % | ||
|---|---|---|---|---|
| HDMV | 100% | -0.32% | ||
| DFIV - HDMV | 85% Closely correlated | -0.64% | ||
| IDV - HDMV | 1% Poorly correlated | -0.81% | ||
| VYMI - HDMV | -0% Poorly correlated | -0.47% | ||
| EFV - HDMV | -0% Poorly correlated | -0.39% | ||
| FNDF - HDMV | -1% Poorly correlated | -0.50% |