INCO in downward trend: price may drop because broke its higher Bollinger Band on February 03, 2025
INCO broke above its upper Bollinger Band on February 03, 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. The A.I.dvisor looked at 42 similar instances where the stock broke above the upper band. In of the 42 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 11, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on INCO as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for INCO turned negative on February 12, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INCO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for INCO entered a downward trend on February 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for INCO's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 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 INCO advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category WorldStock
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MWECX | 36.89 | -0.30 | -0.81% |
| MFS Global Equity C | |||
| PACOX | 59.60 | -1.10 | -1.81% |
| T. Rowe Price U.S. Equity Research Adv | |||
| IPMSX | 20.72 | -0.55 | -2.59% |
| Voya Index Plus MidCap Port S | |||
| HSSAX | 28.42 | -0.76 | -2.60% |
| Emerald Finance & Bking Innovt Fd A | |||
| TCGCX | 21.42 | -0.79 | -3.56% |
| Thornburg Small/Mid Cap Growth C | |||
INCO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, INCO has been closely correlated with INDA. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if INCO jumps, then INDA could also see price increases.
| Ticker / NAME | Correlation To INCO | 1D Price Change % | ||
|---|---|---|---|---|
| INCO | 100% | -1.83% | ||
| INDA - INCO | 78% Closely correlated | -1.56% | ||
| FLIN - INCO | 77% Closely correlated | -1.57% | ||
| EPI - INCO | 71% Closely correlated | -1.51% | ||
| INDY - INCO | 70% Closely correlated | -1.50% | ||
| SMIN - INCO | 66% Closely correlated | -1.90% |