ICSH iShares Ultra Short-Term Bond Active ETF Forecast, Technical & Fundamental Analysis
ICSH in downward trend: price expected to drop as it breaks its higher Bollinger Band on November 25, 2024
ICSH broke above its upper Bollinger Band on November 25, 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. The A.I.dvisor looked at 51 similar instances where the stock broke above the upper band. In of the 51 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for ICSH just turned positive on November 25, 2024. Looking at past instances where ICSH's MACD turned positive, the stock continued to rise in of 60 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 ICSH advanced for three days, in of 358 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category UltrashortBond
ICSH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ICSH has been closely correlated with SHV. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if ICSH jumps, then SHV could also see price increases.
| Ticker / NAME | Correlation To ICSH | 1D Price Change % | ||
|---|---|---|---|---|
| ICSH | 100% | -0.01% | ||
| SHV - ICSH | 95% Closely correlated | N/A | ||
| BIL - ICSH | 94% Closely correlated | +0.01% | ||
| MINT - ICSH | 69% Closely correlated | N/A | ||
| VUSB - ICSH | 69% Closely correlated | -0.01% | ||
| JPST - ICSH | 64% Loosely correlated | -0.02% | ||
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