KBWY Invesco KBW Premium Yield Eq REIT ETF Forecast, Technical & Fundamental Analysis
KBWY's RSI Oscillator is remaining in oversold zone for 1 day
It is expected that a price bounce should occur soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KBWY 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 KBWY 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.
General Information
Category RealEstate
KBWY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, KBWY has been closely correlated with VNQ. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if KBWY jumps, then VNQ could also see price increases.
| Ticker / NAME | Correlation To KBWY | 1D Price Change % | ||
|---|---|---|---|---|
| KBWY | 100% | N/A | ||
| VNQ - KBWY | 91% Closely correlated | -0.07% | ||
| SCHH - KBWY | 90% Closely correlated | -0.05% | ||
| IYR - KBWY | 90% Closely correlated | -0.11% | ||
| REET - KBWY | 90% Closely correlated | -0.12% | ||
| USRT - KBWY | 86% Closely correlated | -0.16% | ||
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