HFND Unlimited HFND Multi-Strgy Ret Trckr ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for HFND turns negative, indicating new downward trend
HFND saw its Momentum Indicator move below the 0 level on December 17, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator turned negative. In of the 41 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 29 cases where HFND's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HFND turned negative on December 16, 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 21 similar instances when the indicator turned negative. In of the 21 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HFND declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HFND broke above its upper Bollinger Band on December 09, 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
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HFND advanced for three days, in of 150 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 124 cases where HFND Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FDAGX | 96.49 | -0.18 | -0.19% |
| Fidelity Advisor Consumer Staples A | |||
| JEVAX | 11.00 | -0.04 | -0.36% |
| JHancock Disciplined Value Em Mkts Eq A | |||
| FGIAX | 11.62 | -0.05 | -0.43% |
| Nuveen Global Infrastructure A | |||
| GABOX | 11.75 | -0.06 | -0.51% |
| Gabelli International Small Cap AAA | |||
| JCNNX | 28.29 | -0.47 | -1.63% |
| Janus Henderson Contrarian N | |||
HFND and ETFs
Correlation & Price change
A.I.dvisor tells us that HFND and QAI have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HFND and QAI's prices will move in lockstep.
| Ticker / NAME | Correlation To HFND | 1D Price Change % | ||
|---|---|---|---|---|
| HFND | 100% | -0.83% | ||
| QAI - HFND | 28% Poorly correlated | -0.28% | ||
| HDG - HFND | 2% Poorly correlated | -0.04% | ||
| FLSP - HFND | -4% Poorly correlated | -0.70% | ||
| QIS - HFND | -4% Poorly correlated | -0.08% |