IJS iShares S&P Small-Cap 600 Value ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for IJS turns positive, indicating new upward trend
IJS saw its Momentum Indicator move above the 0 level on December 01, 2023. 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 91 similar instances where the indicator turned positive. In of the 91 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 IJS just turned positive on November 01, 2023. Looking at past instances where IJS's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .
IJS moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IJS crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 IJS advanced for three days, in of 311 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 278 cases where IJS 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 10-day RSI Indicator for IJS moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IJS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IJS broke above its upper Bollinger Band on December 01, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category SmallValue
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| BGLD | 18.60 | 0.08 | +0.43% |
| FT Cboe Vest Gold Strategy Qt Buffer ETF | |||
| FDEC | 37.25 | -0.14 | -0.38% |
| FT Cboe Vest US Equity Buffer ETF Dec | |||
| TMAT | 14.98 | -0.09 | -0.60% |
| Main Thematic Innovation ETF | |||
| FENY | 22.45 | -0.40 | -1.75% |
| Fidelity® MSCI Energy ETF | |||
| SDP | 12.71 | -0.35 | -2.71% |
| ProShares UltraShort Utilities | |||
IJS and
Correlation & Price change
A.I.dvisor indicates that over the last year, IJS has been closely correlated with SLYV. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if IJS jumps, then SLYV could also see price increases.
| Ticker / NAME | Correlation To IJS | 1D Price Change % | ||
|---|---|---|---|---|
| IJS | 100% | -0.16% | ||
| SLYV - IJS | 100% Closely correlated | -0.10% | ||
| VIOV - IJS | 99% Closely correlated | -0.20% | ||
| IWN - IJS | 98% Closely correlated | -0.19% | ||
| DES - IJS | 98% Closely correlated | -0.17% | ||
| DGRS - IJS | 98% Closely correlated | -0.05% | ||
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