IPAC iShares Core MSCI Pacific ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for IPAC turns negative, indicating new downward trend
IPAC saw its Momentum Indicator move below the 0 level on September 21, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned negative. In of the 95 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for IPAC turned negative on September 22, 2023. 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 .
IPAC moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IPAC crossed bearishly below the 50-day moving average on September 26, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 IPAC 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 IPAC's RSI Oscillator exited the oversold zone, of 27 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 5 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 IPAC advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
IPAC 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 249 cases where IPAC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 DiversifiedPacificAsia
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TOLZX | 13.38 | -0.01 | -0.07% |
| DWS RREEF Global Infrastructure R6 | |||
| GXXIX | 11.25 | -0.04 | -0.35% |
| abrdn US Sustainable Leaders InstlSvc | |||
| WMFFX | 52.73 | -0.22 | -0.42% |
| American Funds Washington Mutual F2 | |||
| MLPZX | 5.36 | -0.05 | -0.92% |
| Invesco SteelPath MLP Income Y | |||
| EGLCX | 7.43 | -0.08 | -1.07% |
| Eagle MLP Strategy C | |||
IPAC and
Correlation & Price change
A.I.dvisor indicates that over the last year, IPAC has been closely correlated with VPL. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if IPAC jumps, then VPL could also see price increases.
| Ticker / NAME | Correlation To IPAC | 1D Price Change % | ||
|---|---|---|---|---|
| IPAC | 100% | -1.03% | ||
| VPL - IPAC | 96% Closely correlated | -1.05% | ||
| KDIV - IPAC | 77% Closely correlated | -0.66% | ||
| MINV - IPAC | 7% Poorly correlated | +0.21% |