JHID JHancock International High Dividend ETF Forecast, Technical & Fundamental Analysis

JHID in upward trend: price may jump up because it broke its lower Bollinger Band on December 19, 2024

JHID may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 18 cases where JHID's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where JHID's RSI Indicator exited the oversold zone, of 9 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on JHID 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 .

The Moving Average Convergence Divergence (MACD) for JHID just turned positive on January 07, 2025. Looking at past instances where JHID's MACD turned positive, the stock continued to rise in of 17 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

JHID moved below its 50-day moving average on December 19, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for JHID crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JHID declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for JHID entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.