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METV
ETF ticker: NYSE ARCA
AS OF
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Net Assets
408.2M

METV Roundhill Ball Metaverse ETF Forecast, Technical & Fundamental Analysis

Category Technology
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for METV with price predictions
08:00 PM EDT Sep 21, 2023

METV's Indicator enters downward trend

The Aroon Indicator for METV entered a downward trend on August 29, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 104 similar instances where the Aroon Indicator formed such a pattern. In of the 104 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on METV as a result. In of 29 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 September 19, 2023. 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 17 similar instances when the indicator turned negative. In of the 17 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 .

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where METV advanced for three days, in of 122 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.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom (NASDAQ:AVGO), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD).

Industry description

The investment seeks to track the performance, before fees and expenses, of the Ball Metaverse Index (the "index"). The index seeks to track the performance of globally-listed equity securities of companies that engage in activities or provide products, services, technologies, or technological capabilities to enable the Metaverse, and benefit from its generated revenues. "Metaverse" is a term used to refer to a future iteration of the Internet. Under normal circumstances, at least 80% of the fund's net assets will be invested in Metaverse Companies, which may include investments in ADRs or SPACs. The fund is non-diversified.

Market Cap

The average market capitalization across the Roundhill Ball Metaverse ETF ETF is 412.11B. The market cap for tickers in the group ranges from 193.91M to 2.73T. AAPL holds the highest valuation in this group at 2.73T. The lowest valued company is EGIO at 193.91M.

High and low price notable news

The average weekly price growth across all stocks in the Roundhill Ball Metaverse ETF ETF was -4%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 2%. EGIO experienced the highest price growth at 13%, while SQ experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Roundhill Ball Metaverse ETF ETF was -39%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

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

Valuation Rating: 68
P/E Growth Rating: 55
Price Growth Rating: 54
SMR Rating: 59
Profit Risk Rating: 63
Seasonality Score: -35 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Listed Funds Trust490 Royal Lake DriveCape Girardeau
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METV and

Correlation & Price change

A.I.dvisor indicates that over the last year, METV has been closely correlated with IYW. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if METV jumps, then IYW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To METV
1D Price
Change %
METV100%
+0.54%
IYW - METV
93%
Closely correlated
+0.21%
VGT - METV
92%
Closely correlated
+0.28%
XLK - METV
90%
Closely correlated
+0.21%
SOXX - METV
87%
Closely correlated
+0.83%
SMH - METV
86%
Closely correlated
+0.85%