MGMT Ballast Small/Mid Cap ETF Forecast, Technical & Fundamental Analysis
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MGMT sees MACD Histogram crosses below signal line
MGMT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where MGMT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on April 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MGMT as a result. In of 76 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 MGMT 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 MGMT entered a downward trend on April 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for MGMT's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGMT advanced for three days, in of 283 cases, the price rose further within the following month. The odds of a continued upward trend are .
MGMT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category SmallBlend
MGMT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MGMT has been closely correlated with SMMD. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGMT jumps, then SMMD could also see price increases.
| Ticker / NAME | Correlation To MGMT | 1D Price Change % | ||
|---|---|---|---|---|
| MGMT | 100% | -5.82% | ||
| SMMD - MGMT | 92% Closely correlated | -6.56% | ||
| IJR - MGMT | 86% Closely correlated | -7.01% | ||
| SPSM - MGMT | 86% Closely correlated | -7.16% | ||
| SCHA - MGMT | 86% Closely correlated | -6.92% | ||
| IWM - MGMT | 85% Closely correlated | -6.42% | ||
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