Momentum Indicator for IWV turns negative, indicating new downward trend
IWV saw its Momentum Indicator move below the 0 level on December 17, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 69 similar instances where the indicator turned negative. In of the 69 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for IWV turned negative on December 10, 2024. 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IWV 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where IWV's RSI Oscillator exited the oversold zone, of 28 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 4 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.
IWV moved above its 50-day moving average on December 23, 2024 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 IWV advanced for three days, in of 355 cases, the price rose further within the following month. The odds of a continued upward trend are .
IWV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 422 cases where IWV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| XDOC | 30.59 | 0.20 | +0.66% |
| Innovator US Equity Accelerated ETF Oct | |||
| UAPR | 31.05 | 0.15 | +0.48% |
| Innovator U.S. Equity Ultra BffrETF™-Apr | |||
| PDBA | 35.17 | -0.02 | -0.06% |
| Invesco Agriculture Cmdty Str No K-1ETF | |||
| DGRS | 51.22 | -0.13 | -0.25% |
| WisdomTree US SmallCap Qual Div Gr ETF | |||
| PRFZ | 41.71 | -0.13 | -0.31% |
| Invesco FTSE RAFI US 1500 Small-Mid ETF | |||
IWV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IWV has been closely correlated with IVV. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if IWV jumps, then IVV could also see price increases.