IQSU IQ Candriam U.S. Large Cap Equity ETF Forecast, Technical & Fundamental Analysis
IQSU's Indicator enters downward trend
The Aroon Indicator for IQSU entered a downward trend on August 29, 2023. 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 99 similar instances where the Aroon Indicator formed such a pattern. In of the 99 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on IQSU as a result. In of 54 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 IQSU turned negative on September 18, 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
IQSU moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IQSU crossed bearishly below the 50-day moving average on September 20, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 IQSU 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 IQSU's RSI Indicator exited the oversold zone, of 18 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 9 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 IQSU advanced for three days, in of 250 cases, the price rose further within the following month. The odds of a continued upward trend are .
IQSU may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call 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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| USBLX | 22.76 | -0.01 | -0.04% |
| Victory Growth and Tax Strategy | |||
| IICHX | 9.88 | -0.01 | -0.10% |
| AMF Large Cap Equity H | |||
| IGIFX | 32.53 | -0.42 | -1.27% |
| American Funds Intl Gr and Inc F1 | |||
| BGIVX | 11.64 | -0.15 | -1.28% |
| Baillie Gifford International Alpha 5 | |||
| RGISX | 7.69 | -0.22 | -2.78% |
| Russell Inv Global Infrastructure S | |||
IQSU and
Correlation & Price change
A.I.dvisor tells us that IQSU and VIG have been poorly correlated (+-22% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that IQSU and VIG's prices will move in lockstep.
| Ticker / NAME | Correlation To IQSU | 1D Price Change % | ||
|---|---|---|---|---|
| IQSU | 100% | -0.12% | ||
| VIG - IQSU | -22% Poorly correlated | -0.46% | ||
| VTI - IQSU | -23% Poorly correlated | -0.29% | ||
| VOO - IQSU | -23% Poorly correlated | -0.24% | ||
| IVV - IQSU | -23% Poorly correlated | -0.22% | ||
| SPY - IQSU | -23% Poorly correlated | -0.24% |