KNG FT Cboe Vest S&P 500® Dv Ast Tgt Inc ETF Forecast, Technical & Fundamental Analysis
KNG in upward trend: 10-day moving average broke above 50-day moving average on November 20, 2023
The 10-day moving average for KNG crossed bullishly above the 50-day moving average on November 20, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .
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 KNG as a result. In of 86 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 KNG just turned positive on November 01, 2023. Looking at past instances where KNG's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
KNG moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KNG advanced for three days, in of 362 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 285 cases where KNG 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 may be shifting from an upward trend to a downward trend. In of 64 cases where KNG's Stochastic Oscillator exited the overbought zone, the price fell further within 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 KNG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
KNG broke above its upper Bollinger Band on December 04, 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 LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| NWHDX | 14.59 | 0.15 | +1.04% |
| Nationwide Bailard Cogntv Val A | |||
| TCINX | 2.40 | 0.02 | +0.84% |
| Templeton Global Balanced C1 | |||
| HAINX | 43.48 | 0.20 | +0.46% |
| Harbor International Institutional | |||
| ESGNX | 17.55 | 0.08 | +0.46% |
| Mirova Global Sustainable Equity N | |||
| FWMMX | 56.10 | 0.24 | +0.43% |
| American Funds Washington Mutual 529-F-2 | |||
KNG and
Correlation & Price change
A.I.dvisor indicates that over the last year, KNG has been closely correlated with IWD. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if KNG jumps, then IWD could also see price increases.