IIGD Invesco Investment Grade Defensive ETF Forecast, Technical & Fundamental Analysis
IIGD sees its Stochastic Oscillator recovers from oversold territory
On December 27, 2024, the Stochastic Oscillator for IIGD moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 55 instances where the indicator left the oversold zone. In of the 55 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on IIGD as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
IIGD moved below its 50-day moving average on January 03, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IIGD crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
General Information
Category ShortTermBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AVEMX | 28.98 | 0.52 | +1.83% |
| Ave Maria Value | |||
| TRZKX | 64.24 | 1.09 | +1.73% |
| T. Rowe Price International Discovery Z | |||
| FEUIX | 28.02 | 0.35 | +1.26% |
| Fidelity Advisor Glbl Capital Apprec I | |||
| JEMKX | 9.51 | 0.07 | +0.74% |
| JHancock Emerging Markets Equity R2 | |||
| RIOIX | 8.57 | N/A | N/A |
| RBC International Opportunities I | |||
IIGD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IIGD has been closely correlated with IGSB. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if IIGD jumps, then IGSB could also see price increases.
| Ticker / NAME | Correlation To IIGD | 1D Price Change % | ||
|---|---|---|---|---|
| IIGD | 100% | +0.10% | ||
| IGSB - IIGD | 96% Closely correlated | +0.14% | ||
| BSV - IIGD | 85% Closely correlated | +0.06% | ||
| VCSH - IIGD | 85% Closely correlated | +0.10% | ||
| ISTB - IIGD | 84% Closely correlated | +0.06% | ||
| SPSB - IIGD | 78% Closely correlated | N/A | ||
More | ||||