IGHG ProShares Investment Grade—Intr Rt Hdgd Forecast, Technical & Fundamental Analysis
Momentum Indicator for IGHG turns positive, indicating new upward trend
IGHG saw its Momentum Indicator move above the 0 level on December 06, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for IGHG just turned positive on December 11, 2024. Looking at past instances where IGHG's MACD turned positive, the stock continued to rise in of 47 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 IGHG advanced for three days, in of 324 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 298 cases where IGHG 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 demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IGHG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IGHG broke above its upper Bollinger Band on December 11, 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.
General Information
Category Miscellaneous
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RCSIX | 16.97 | N/A | N/A |
| RBC Small Cap Core I | |||
| NBRFX | 14.34 | -0.05 | -0.33% |
| Neuberger Berman Real Estate Tr | |||
| FISPX | 8.07 | -0.03 | -0.37% |
| Federated Hermes Max-Cap Index IS | |||
| VMNVX | 32.29 | -0.13 | -0.40% |
| Vanguard Global Minimum Volatility Admr | |||
| BMGAX | 38.72 | -0.36 | -0.92% |
| BlackRock Mid-Cap Growth Equity Inv A | |||
IGHG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGHG has been loosely correlated with HYZD. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if IGHG jumps, then HYZD could also see price increases.
| Ticker / NAME | Correlation To IGHG | 1D Price Change % | ||
|---|---|---|---|---|
| IGHG | 100% | -0.07% | ||
| HYZD - IGHG | 42% Loosely correlated | -0.36% | ||
| AMAX - IGHG | 30% Poorly correlated | +0.15% | ||
| VPC - IGHG | 30% Poorly correlated | -0.68% | ||
| RINF - IGHG | 25% Poorly correlated | -0.39% | ||
| HYIN - IGHG | 22% Poorly correlated | -1.67% | ||
More | ||||