IMFL Invesco Intl Dev Dynmc Mltfctr ETF Forecast, Technical & Fundamental Analysis
IMFL in +0.67% Uptrend, advancing for three consecutive days on November 28, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where IMFL advanced for three days, in of 165 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on IMFL as a result. In of 42 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 IMFL just turned positive on November 01, 2023. Looking at past instances where IMFL's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .
IMFL moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IMFL crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 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 .
The Aroon Indicator entered an Uptrend today. In of 143 cases where IMFL 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 Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 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 IMFL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IMFL broke above its upper Bollinger Band on November 03, 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 ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JRJUX | 35.37 | 1.13 | +3.30% |
| JPMorgan Small Cap Sustainable Ldrs R2 | |||
| GMLGX | 26.86 | 0.30 | +1.14% |
| GuideMark® Large Cap Core Service | |||
| ATEKX | 142.75 | 1.36 | +0.96% |
| AB Sustainable Global Thematic K | |||
| NPNAX | 41.61 | 0.34 | +0.82% |
| Neuberger Berman Large Cap Value A | |||
| CSIRX | 24.78 | 0.15 | +0.61% |
| Columbia Acorn International Sel Inst3 | |||
IMFL and
Correlation & Price change
A.I.dvisor indicates that over the last year, IMFL has been loosely correlated with IEFA. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if IMFL jumps, then IEFA could also see price increases.
| Ticker / NAME | Correlation To IMFL | 1D Price Change % | ||
|---|---|---|---|---|
| IMFL | 100% | +1.27% | ||
| IEFA - IMFL | 37% Loosely correlated | +1.05% | ||
| EFA - IMFL | 37% Loosely correlated | +1.05% | ||
| VEA - IMFL | 36% Loosely correlated | +1.02% | ||
| VXUS - IMFL | 34% Loosely correlated | +0.91% | ||
| VEU - IMFL | 34% Loosely correlated | +0.83% |