Be on the lookout for a price bounce soon.
The Moving Average Convergence Divergence (MACD) for MCI just turned positive on July 01, 2022. Looking at past instances where MCI's MACD turned positive, the stock continued to rise in of 54 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 MCI advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .
MCI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on June 29, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on MCI as a result. In of 113 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 MCI 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 MCI entered a downward trend on July 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
|MFs / NAME||Price $||Chg $||Chg %|
|Transamerica Large Cap Value R6|
|American Century Ultra® R5|
|abrdn Global Equity Impact Instl|
|Wasatch International Growth Instl|
|BNY Mellon International Core Equity Y|
A.I.dvisor tells us that MCI and SHYG have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MCI and SHYG's prices will move in lockstep.
|SHYG - MCI|
|JNK - MCI|
|HYLB - MCI|
|USHY - MCI|
|HYG - MCI|