HTEC Robo Global® Hlthcare Tech & Innovt ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global® Healthcare Technology and Innovation Index... Show more
HTEC sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for HTEC moved below the 200-day moving average on April 08, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HTEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for HTEC entered a downward trend on April 11, 2025. 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 HTEC's RSI Oscillator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 50 cases where HTEC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on HTEC as a result. In of 70 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 HTEC just turned positive on April 16, 2025. Looking at past instances where HTEC's MACD turned positive, the stock continued to rise in of 50 cases 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 HTEC advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
HTEC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Health
HTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HTEC has been closely correlated with IBB. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if HTEC jumps, then IBB could also see price increases.
| Ticker / NAME | Correlation To HTEC | 1D Price Change % | ||
|---|---|---|---|---|
| HTEC | 100% | +2.35% | ||
| IBB - HTEC | 72% Closely correlated | +1.30% | ||
| XBI - HTEC | 68% Closely correlated | +1.88% | ||
| IHI - HTEC | 65% Loosely correlated | +1.33% | ||
| VHT - HTEC | 64% Loosely correlated | +0.62% | ||
| XLV - HTEC | 55% Loosely correlated | +0.50% |