IWD Price Prediction, iShares Russell 1000 Value ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
IWD in upward trend: 10-day moving average crossed above 50-day moving average on November 16, 2023
The 10-day moving average for IWD crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on IWD as a result. In of 79 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 IWD just turned positive on November 02, 2023. Looking at past instances where IWD's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
IWD moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IWD advanced for three days, in of 343 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 352 cases where IWD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for IWD moved below the 200-day moving average on October 26, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IWD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
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Industry description
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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 LargeValue
IWD and
Correlation & Price change
A.I.dvisor indicates that over the last year, IWD has been closely correlated with VONV. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if IWD jumps, then VONV could also see price increases.
| Ticker / NAME | Correlation To IWD | 1D Price Change % | ||
|---|---|---|---|---|
| IWD | 100% | +0.84% | ||
| VONV - IWD | 100% Closely correlated | +0.85% | ||
| SCHV - IWD | 99% Closely correlated | +0.86% | ||
| IWX - IWD | 98% Closely correlated | +0.94% | ||
| FNDX - IWD | 98% Closely correlated | +0.70% | ||
| NULV - IWD | 98% Closely correlated | +1.09% | ||
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