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's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for HTEC turned positive on June 03, 2025. Looking at past instances where HTEC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
HTEC moved above its 50-day moving average on May 27, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for HTEC crossed bullishly above the 50-day moving average on May 15, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 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 HTEC advanced for three days, in of 322 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 265 cases where HTEC 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Momentum Indicator moved below the 0 level on June 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HTEC as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 .
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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% | +0.60% | ||
| IBB - HTEC | 72% Closely correlated | +0.23% | ||
| XBI - HTEC | 68% Closely correlated | +0.17% | ||
| IHI - HTEC | 65% Loosely correlated | -0.08% | ||
| VHT - HTEC | 64% Loosely correlated | +0.19% | ||
| XLV - HTEC | 55% Loosely correlated | +0.20% |