METV Roundhill Ball Metaverse ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the performance, before fees and expenses, of the Ball Metaverse Index (the "index")... Show more
METV's Stochastic Oscillator stays in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where METV advanced for three days, in of 219 cases, the price rose further within the following month. The odds of a continued upward trend are .
METV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 180 cases where METV 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 Momentum Indicator moved below the 0 level on February 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on METV as a result. In of 53 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for METV turned negative on February 24, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 31 similar instances when the indicator turned negative. In of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at .
METV moved below its 50-day moving average on February 25, 2025 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 METV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Technology
METV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, METV has been closely correlated with CHAT. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if METV jumps, then CHAT could also see price increases.
| Ticker / NAME | Correlation To METV | 1D Price Change % | ||
|---|---|---|---|---|
| METV | 100% | +1.04% | ||
| CHAT - METV | 91% Closely correlated | +0.36% | ||
| VGT - METV | 91% Closely correlated | +1.61% | ||
| IYW - METV | 90% Closely correlated | +1.63% | ||
| FTEC - METV | 88% Closely correlated | +1.64% | ||
| XLK - METV | 87% Closely correlated | +1.32% | ||
More | ||||