ILF iShares Latin America 40 ETF Forecast, Technical & Fundamental Analysis
ILF in upward trend: 10-day moving average crossed above 50-day moving average on January 28, 2025
The 10-day moving average for ILF crossed bullishly above the 50-day moving average on January 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 20 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
ILF moved above its 50-day moving average on January 22, 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 ILF advanced for three days, in of 313 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 224 cases where ILF 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 ILF moved out of overbought territory on February 19, 2025. 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 28 similar instances where the indicator moved out of overbought territory. In of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
ILF broke above its upper Bollinger Band on February 14, 2025. 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 LatinAmericaStock
ILF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ILF has been closely correlated with FLLA. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if ILF jumps, then FLLA could also see price increases.
| Ticker / NAME | Correlation To ILF | 1D Price Change % | ||
|---|---|---|---|---|
| ILF | 100% | +0.83% | ||
| FLLA - ILF | 96% Closely correlated | +0.76% | ||
| EWZ - ILF | 92% Closely correlated | +0.42% | ||
| FLBR - ILF | 89% Closely correlated | +0.62% | ||
| FLN - ILF | 86% Closely correlated | +0.29% | ||
| FBZ - ILF | 83% Closely correlated | -0.30% | ||
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