ISDB Invesco Short Duration Bond ETF Forecast, Technical & Fundamental Analysis
ISDB's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for ISDB turned positive on January 03, 2025. Looking at past instances where ISDB's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 02, 2025. You may want to consider a long position or call options on ISDB as a result. In of 32 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category ShortTermBond
ISDB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ISDB has been closely correlated with BSV. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if ISDB jumps, then BSV could also see price increases.
| Ticker / NAME | Correlation To ISDB | 1D Price Change % | ||
|---|---|---|---|---|
| ISDB | 100% | -0.01% | ||
| BSV - ISDB | 71% Closely correlated | -0.04% | ||
| SPSB - ISDB | 70% Closely correlated | N/A | ||
| ISTB - ISDB | 70% Closely correlated | -0.04% | ||
| VCSH - ISDB | 69% Closely correlated | -0.09% | ||
| IGSB - ISDB | 69% Closely correlated | -0.10% |