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KWT
ETF ticker: BATS
AS OF
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Price
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Net Assets
55.19M

KWT iShares® MSCI Kuwait ETF Forecast, Technical & Fundamental Analysis

Category Miscellaneous
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for KWT with price predictions
07:00 PM EST Nov 26, 2023

KWT's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for KWT turned positive on November 02, 2023. Looking at past instances where KWT's MACD turned positive, the stock continued to rise in of 24 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KWT's RSI Oscillator exited the oversold zone, of 16 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 07, 2023. You may want to consider a long position or call options on KWT as a result. In of 54 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

KWT moved above its 50-day moving average on November 22, 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 KWT advanced for three days, in of 225 cases, the price rose further within the following month. The odds of a continued upward trend are .

KWT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KWT 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 KWT entered a downward trend on November 07, 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.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Canopy Growth Corp (NASDAQ:CGC).

Industry description

The investment seeks to track the investment results of a broad-based equity index with exposure to Kuwait, as defined by the index provider. The fund seeks to track the investment results of the MSCI All Kuwait Select Size Liquidity Capped Index (the “underlying index”), which is designed to measure the performance of the Kuwait equity universe. The underlying index is a free float-adjusted market capitalization weighted index with a capping methodology applied to avoid concentration. BFA uses a representative sampling indexing strategy to manage the fund. It may or may not hold all of the securities in the underlying index. The fund is non-diversified.

Market Cap

The average market capitalization across the iShares® MSCI Kuwait ETF ETF is 10.31B. The market cap for tickers in the group ranges from 160.8K to 46.39B. SRE holds the highest valuation in this group at 46.39B. The lowest valued company is BURG at 160.8K.

High and low price notable news

The average weekly price growth across all stocks in the iShares® MSCI Kuwait ETF ETF was 1%. For the same ETF, the average monthly price growth was 6%, and the average quarterly price growth was -3%. SHIP experienced the highest price growth at 8%, while CGC experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the iShares® MSCI Kuwait ETF ETF was 4%. For the same stocks of the ETF, the average monthly volume growth was -51% and the average quarterly volume growth was 16%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 64
P/E Growth Rating: 61
Price Growth Rating: 45
SMR Rating: 65
Profit Risk Rating: 63
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Miscellaneous

Profile
Fundamentals
Details
Category
Miscellaneous Region
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com
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KWT and

Correlation & Price change

A.I.dvisor tells us that KWT and EWY have been poorly correlated (+16% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that KWT and EWY's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KWT
1D Price
Change %
KWT100%
+0.50%
EWY - KWT
16%
Poorly correlated
+1.49%
EWA - KWT
15%
Poorly correlated
+1.12%
EWC - KWT
10%
Poorly correlated
+0.35%
BBCA - KWT
10%
Poorly correlated
+0.32%
EWU - KWT
6%
Poorly correlated
+0.25%