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IAF
ETF ticker: ASE
AS OF
Apr 30 closing price
Price
$4.17
Change
+$0.03 (+0.72%)
Net Assets
126.98M

IAF abrdn Australia Equity Fund Forecast, Technical & Fundamental Analysis

Aberdeen Australia Equity Fund Inc is a non-diversified closed-end investment management company... Show more

IAF
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for IAF with price predictions
Apr 30, 2025

IAF's RSI Indicator recovers from oversold territory

The RSI Indicator for IAF moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 31 similar instances when the indicator left oversold territory. In of the 31 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on IAF as a result. In of 87 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 IAF just turned positive on April 14, 2025. Looking at past instances where IAF's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

IAF moved above its 50-day moving average on April 23, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for IAF crossed bullishly above the 50-day moving average on April 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 23 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 IAF advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .

IAF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for IAF moved below the 200-day moving average on April 01, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IAF 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 IAF entered a downward trend on April 10, 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.

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IAF
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
Miscellaneous Region
Address
800 Scudders Mill RoadPlainsboro
Phone
N/A
Web
www.aberdeen-asset.com
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IAF and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, IAF has been closely correlated with EWA. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if IAF jumps, then EWA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IAF
1D Price
Change %
IAF100%
+0.72%
EWA - IAF
74%
Closely correlated
+0.49%
BBCA - IAF
72%
Closely correlated
N/A
EWG - IAF
70%
Closely correlated
-0.45%
EWY - IAF
16%
Poorly correlated
+0.16%
EWC - IAF
12%
Poorly correlated
N/A
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