IXP iShares Global Comm Services ETF Forecast, Technical & Fundamental Analysis
IXP's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for IXP moved out of overbought territory on December 13, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 instances where the indicator moved out of the overbought zone. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where IXP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IXP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IXP broke above its upper Bollinger Band on December 11, 2024. 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 27, 2024. You may want to consider a long position or call options on IXP as a result. In of 85 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 IXP just turned positive on December 02, 2024. Looking at past instances where IXP's MACD turned positive, the stock continued to rise in of 53 cases 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 IXP advanced for three days, in of 365 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 344 cases where IXP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Communications
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FSBCX | 19.98 | -0.07 | -0.35% |
| Federated Hermes Global Allocation C | |||
| RRFDX | 34.80 | -0.18 | -0.51% |
| T. Rowe Price Equity Income R | |||
| ATWAX | 22.61 | -0.13 | -0.57% |
| AB Tax-Managed Wealth Apprec Strat A | |||
| LCLIX | 44.59 | -0.38 | -0.85% |
| ClearBridge Large Cap Value 1 | |||
| WSCJX | 13.74 | -0.17 | -1.22% |
| Allspring Disciplined Small Cap R6 | |||
IXP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IXP has been closely correlated with FCOM. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if IXP jumps, then FCOM could also see price increases.
| Ticker / NAME | Correlation To IXP | 1D Price Change % | ||
|---|---|---|---|---|
| IXP | 100% | -0.18% | ||
| FCOM - IXP | 96% Closely correlated | -0.59% | ||
| VOX - IXP | 96% Closely correlated | -0.67% | ||
| XLC - IXP | 95% Closely correlated | -0.75% | ||
| FDCF - IXP | 75% Closely correlated | -0.77% | ||
| FMET - IXP | 75% Closely correlated | -0.10% | ||
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