JIRE JPMorgan International Rsrch Enh Eq ETF Forecast, Technical & Fundamental Analysis

JIRE sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for JIRE moved below the 200-day moving average on December 10, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on JIRE as a result. In of 39 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

JIRE moved below its 50-day moving average on December 10, 2024 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 JIRE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

JIRE broke above its upper Bollinger Band on December 02, 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.

The Aroon Indicator for JIRE entered a downward trend on December 02, 2024. 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for JIRE just turned positive on November 25, 2024. Looking at past instances where JIRE's MACD turned positive, the stock continued to rise in of 18 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 JIRE advanced for three days, in of 164 cases, the price rose further within the following month. The odds of a continued upward trend are .