IRVH Global X Interest Rate Volatility & Inflation Hedge ETF Forecast, Technical & Fundamental Analysis
IRVH's Stochastic Oscillator remains in overbought zone for 5 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IRVH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IRVH broke above its upper Bollinger Band on December 01, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 24, 2023. You may want to consider a long position or call options on IRVH as a result. In of 28 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 IRVH just turned positive on November 29, 2023. Looking at past instances where IRVH's MACD turned positive, the stock continued to rise in of 12 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for IRVH crossed bullishly above the 50-day moving average on October 31, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IRVH advanced for three days, in of 67 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 19 cases where IRVH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .