IWD in -1.90% downward trend, falling for three consecutive days on September 22, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IWD declined for three days, in of 278 cases, the price declined further within the following month. The odds of a continued downward trend are .
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 IWD as a result. In of 81 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 IWD turned negative on September 21, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
IWD 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 IWD crossed bearishly below the 50-day moving average on August 22, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 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 .
The Aroon Indicator for IWD entered a downward trend on September 06, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for IWD's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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 IWD advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .
IWD 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 LargeValue
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| TZA | 32.12 | 1.19 | +3.85% |
| Direxion Daily Small Cap Bear 3X ETF | |||
| HYGH | 83.34 | -0.16 | -0.19% |
| iShares Interest Rate Hdg Hi Yld Bd ETF | |||
| ROMO | 24.81 | -0.30 | -1.18% |
| Strategy Shares Nwfnd/RSlv Rbt Mmt ETF | |||
| DUHP | 25.64 | -0.35 | -1.35% |
| Dimensional US High Profitability ETF | |||
| QRFT | 39.26 | -0.59 | -1.47% |
| QRAFT AI-Enhanced US Large Cap ETF | |||
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% | -1.27% | ||
| VONV - IWD | 100% Closely correlated | -1.30% | ||
| SCHV - IWD | 99% Closely correlated | -1.28% | ||
| FNDX - IWD | 99% Closely correlated | -1.47% | ||
| IWX - IWD | 99% Closely correlated | -1.14% | ||
| NULV - IWD | 98% Closely correlated | -1.29% | ||
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