IGLD FT Vest Gold Strategy Trgt Inc ETF Forecast, Technical & Fundamental Analysis
The investment seeks to deliver participation in the price returns of the SPDR Gold Trust (the "underlying ETF") while providing a consistent level of income... Show more
IGLD sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for IGLD moved above the 200-day moving average on April 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 09, 2025. You may want to consider a long position or call options on IGLD as a result. In of 74 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 IGLD just turned positive on April 11, 2025. Looking at past instances where IGLD's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
IGLD moved above its 50-day moving average on April 08, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IGLD advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .
IGLD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 243 cases where IGLD 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 RSI Indicator demonstrates 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.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 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 IGLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
a company which engages in telecommunication and internet media services
Category CommoditiesBroadBasket
IGLD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGLD has been closely correlated with IAUM. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if IGLD jumps, then IAUM could also see price increases.
| Ticker / NAME | Correlation To IGLD | 1D Price Change % | ||
|---|---|---|---|---|
| IGLD | 100% | -1.03% | ||
| IAUM - IGLD | 90% Closely correlated | -1.43% | ||
| GLD - IGLD | 83% Closely correlated | -1.42% | ||
| IAU - IGLD | 83% Closely correlated | -1.44% | ||
| SGOL - IGLD | 83% Closely correlated | -1.41% | ||
| GLDI - IGLD | 75% Closely correlated | -0.25% | ||
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