JIDA JPMorgan ActiveBuilders Intl Eq ETF Forecast, Technical & Fundamental Analysis
JIDA sees MACD Histogram crosses below signal line
JIDA saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 22, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 16 instances where the indicator turned negative. In of the 16 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 21, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on JIDA as a result. In of 35 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
JIDA 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.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JIDA 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 JIDA entered a downward trend on September 29, 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where JIDA's RSI Oscillator exited the oversold zone, of 17 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 5 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 JIDA advanced for three days, in of 122 cases, the price rose further within the following month. The odds of a continued upward trend are .
JIDA 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)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ForeignLargeBlend
JIDA and
Correlation & Price change
A.I.dvisor indicates that over the last year, JIDA has been closely correlated with EFA. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if JIDA jumps, then EFA could also see price increases.
| Ticker / NAME | Correlation To JIDA | 1D Price Change % | ||
|---|---|---|---|---|
| JIDA | 100% | -0.41% | ||
| EFA - JIDA | 99% Closely correlated | -0.29% | ||
| IEFA - JIDA | 99% Closely correlated | -0.33% | ||
| VEA - JIDA | 99% Closely correlated | -0.32% | ||
| VEU - JIDA | 97% Closely correlated | -0.29% | ||
| VXUS - JIDA | 97% Closely correlated | -0.21% |