Aroon Indicator for LOOM.X shows an upward move is likely
LOOM.X's Aroon Indicator triggered a bullish signal on November 18, 2023. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 41 similar instances where the Aroon Indicator showed a similar pattern. In of the 41 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 14 cases where LOOM.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for LOOM.X just turned positive on November 30, 2023. Looking at past instances where LOOM.X's MACD turned positive, the stock continued to rise in of 4 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 LOOM.X advanced for three days, in of 62 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 02, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on LOOM.X as a result. In of 15 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
LOOM.X moved below its 50-day moving average on October 29, 2023 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 LOOM.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
LOOM.X broke above its upper Bollinger Band on November 10, 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)
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
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| CPII | 19.69 | N/A | N/A |
| Ionic Inflation Protection ETF | |||
| UDEC | 31.25 | -0.13 | -0.41% |
| Innovator S&P 500 Ultra Buffer ETF Dec | |||
| ERTH | 43.42 | -0.19 | -0.44% |
| Invesco MSCI Sustainable Future ETF | |||
| VMBS | 44.92 | -0.22 | -0.49% |
| Vanguard Mortgage-Backed Secs ETF | |||
| FFC | 13.94 | -0.12 | -0.85% |
| Flaherty & Crumrine Preferred and Income Securities Fund | |||
LOOM.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, LOOM.X has been loosely correlated with STPT.X. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if LOOM.X jumps, then STPT.X could also see price increases.
| Ticker / NAME | Correlation To LOOM.X | 1D Price Change % | ||
|---|---|---|---|---|
| LOOM.X | 100% | -0.75% | ||
| STPT.X - LOOM.X | 50% Loosely correlated | +1.17% | ||
| KNC.X - LOOM.X | 35% Loosely correlated | +0.26% | ||
| FRONT.X - LOOM.X | 35% Loosely correlated | -3.60% | ||
| STRAX.X - LOOM.X | 33% Loosely correlated | +0.31% | ||
| T.X - LOOM.X | 33% Loosely correlated | +6.72% | ||
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