IQSM NYLI Candriam U.S. Mid Cap Equity ETF Forecast, Technical & Fundamental Analysis
IQSM's Indicator enters downward trend
The Aroon Indicator for IQSM entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 60 similar instances where the Aroon Indicator formed such a pattern. In of the 60 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
General Information
Category MidCapBlend
IQSM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IQSM has been closely correlated with MDY. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if IQSM jumps, then MDY could also see price increases.
| Ticker / NAME | Correlation To IQSM | 1D Price Change % | ||
|---|---|---|---|---|
| IQSM | 100% | +0.93% | ||
| MDY - IQSM | 98% Closely correlated | +1.14% | ||
| VXF - IQSM | 97% Closely correlated | +1.06% | ||
| IJH - IQSM | 96% Closely correlated | +1.10% | ||
| IWR - IQSM | 96% Closely correlated | +1.17% | ||
| VO - IQSM | 96% Closely correlated | +1.25% |