MFDX PIMCO RAFI Dyn Multi-Factor Intl Eq ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for MFDX turns positive, indicating new upward trend
MFDX saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned positive. In of the 90 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for MFDX just turned positive on November 01, 2023. Looking at past instances where MFDX's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .
MFDX moved above its 50-day moving average on November 13, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MFDX crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 MFDX advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 322 cases where MFDX 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 10-day RSI Indicator for MFDX moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 14 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 MFDX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MFDX broke above its upper Bollinger Band on November 03, 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)
Notable companies
Industry description
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
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| NWGSX | 29.44 | 0.44 | +1.52% |
| Nationwide WCM Focused Sm Cp Instl Svc | |||
| PXSAX | 14.93 | 0.08 | +0.54% |
| Impax Small Cap A | |||
| FFIMX | 18.94 | -0.07 | -0.37% |
| Fidelity Advisor Asset Manager® 50% I | |||
| PGEYX | 22.14 | -0.12 | -0.54% |
| George Putnam Balanced Y | |||
| CYPIX | 51.75 | -0.32 | -0.61% |
| ProFunds Consumer Disctnry Ultra Sec Inv | |||
MFDX and
Correlation & Price change
A.I.dvisor tells us that MFDX and EFA have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MFDX and EFA's prices will move in lockstep.
| Ticker / NAME | Correlation To MFDX | 1D Price Change % | ||
|---|---|---|---|---|
| MFDX | 100% | -0.90% | ||
| EFA - MFDX | 25% Poorly correlated | -0.78% | ||
| IEFA - MFDX | 25% Poorly correlated | -0.81% | ||
| VEA - MFDX | 24% Poorly correlated | -0.88% | ||
| VXUS - MFDX | 23% Poorly correlated | -0.89% | ||
| VEU - MFDX | 23% Poorly correlated | -0.84% |