MGMT Ballast Small/Mid Cap ETF Forecast, Technical & Fundamental Analysis
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MGMT sees its Stochastic Oscillator ascending out of oversold territory
On June 24, 2025, the Stochastic Oscillator for MGMT moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 55 instances where the indicator left the oversold zone. In of the 55 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGMT advanced for three days, in of 294 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 205 cases where MGMT 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 June 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MGMT as a result. In of 78 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 MGMT turned negative on June 13, 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 43 similar instances when the indicator turned negative. In of the 43 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 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 .
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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% | +0.88% | ||
| SMMD - MGMT | 92% Closely correlated | +1.10% | ||
| IJR - MGMT | 86% Closely correlated | +1.00% | ||
| SPSM - MGMT | 86% Closely correlated | +0.98% | ||
| SCHA - MGMT | 86% Closely correlated | +1.37% | ||
| IWM - MGMT | 85% Closely correlated | +1.27% | ||
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