JIRE JPMorgan International Rsrch Enh Eq ETF Forecast, Technical & Fundamental Analysis
JIRE in upward trend: price rose above 50-day moving average on November 09, 2023
JIRE moved above its 50-day moving average on November 09, 2023 date and that indicates a change from a downward trend to an upward trend. In of 12 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on JIRE as a result. In of 23 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 JIRE just turned positive on December 08, 2023. Looking at past instances where JIRE's MACD turned positive, the stock continued to rise in of 10 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for JIRE crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 91 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 83 cases where JIRE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
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 November 03, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| HEDJ | 42.59 | 0.39 | +0.92% |
| WisdomTree Europe Hedged Equity ETF | |||
| XVOL | 17.88 | 0.11 | +0.63% |
| Acruence Active Hedge US Equity ETF | |||
| JMEE | 51.24 | 0.26 | +0.51% |
| JPMorgan Market Expansion Enhanced Equity ETF | |||
| RIGS | 22.67 | 0.08 | +0.35% |
| RiverFront Strategic Income ETF | |||
| NPCT | 10.02 | -0.06 | -0.60% |
| Nuveen Core Plus Impact Fund | |||
JIRE and
Correlation & Price change
A.I.dvisor indicates that over the last year, JIRE has been closely correlated with EFA. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if JIRE jumps, then EFA could also see price increases.
| Ticker / NAME | Correlation To JIRE | 1D Price Change % | ||
|---|---|---|---|---|
| JIRE | 100% | +0.43% | ||
| EFA - JIRE | 96% Closely correlated | +0.30% | ||
| IEFA - JIRE | 96% Closely correlated | +0.29% | ||
| VEA - JIRE | 95% Closely correlated | +0.24% | ||
| VEU - JIRE | 92% Closely correlated | +0.09% | ||
| VXUS - JIRE | 92% Closely correlated | -0.02% |