ILDR First Trust Innovation Leaders ETF Forecast, Technical & Fundamental Analysis
ILDR sees MACD Histogram just turned negative
ILDR saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 16 instances where the indicator turned negative. In of the 16 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 14, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ILDR as a result. In of 40 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
ILDR moved below its 50-day moving average on September 12, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ILDR crossed bearishly below the 50-day moving average on September 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ILDR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ILDR's RSI Oscillator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ILDR advanced for three days, in of 153 cases, the price rose further within the following month. The odds of a continued upward trend are .
ILDR 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 108 cases where ILDR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
ILDR and
Correlation & Price change
A.I.dvisor tells us that ILDR and IYW have been poorly correlated (+4% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ILDR and IYW's prices will move in lockstep.
| Ticker / NAME | Correlation To ILDR | 1D Price Change % | ||
|---|---|---|---|---|
| ILDR | 100% | +0.29% | ||
| IYW - ILDR | 4% Poorly correlated | +0.17% | ||
| VGT - ILDR | 3% Poorly correlated | +0.39% | ||
| XLK - ILDR | 3% Poorly correlated | +0.34% | ||
| IVW - ILDR | 1% Poorly correlated | -0.29% | ||
| SMH - ILDR | 1% Poorly correlated | +0.48% | ||
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