+Compare
MGMT
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
109.47M

MGMT Ballast Small/Mid Cap ETF Forecast, Technical & Fundamental Analysis

Category SmallBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for MGMT with price predictions
08:00 PM EDT Sep 25, 2023

Momentum Indicator for MGMT turns negative, indicating new downward trend

MGMT saw its Momentum Indicator move below the 0 level on September 12, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator turned negative. In of the 48 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for MGMT turned negative on September 20, 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 25 similar instances when the indicator turned negative. In of the 25 cases the stock turned lower in the days that followed. This puts the odds of success at .

MGMT moved below its 50-day moving average on September 05, 2023 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 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 .

MGMT broke above its upper Bollinger Band on September 01, 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.

The Aroon Indicator for MGMT entered a downward trend on September 26, 2023. 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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where MGMT's RSI Oscillator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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 MGMT advanced for three days, in of 181 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Market Cap

The average market capitalization across the Ballast Small/Mid Cap ETF ETF is 4.22B. The market cap for tickers in the group ranges from 116.37M to 16.87B. EG holds the highest valuation in this group at 16.87B. The lowest valued company is EPSN at 116.37M.

High and low price notable news

The average weekly price growth across all stocks in the Ballast Small/Mid Cap ETF ETF was -2%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was 4%. KOS experienced the highest price growth at 8%, while GBTG experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Ballast Small/Mid Cap ETF ETF was 31%. For the same stocks of the ETF, the average monthly volume growth was 19% and the average quarterly volume growth was 45%

Fundamental Analysis Ratings

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

Valuation Rating: 58
P/E Growth Rating: 46
Price Growth Rating: 54
SMR Rating: 59
Profit Risk Rating: 65
Seasonality Score: -7 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
Unified Series Trust225 PICTORIA DRIVE, SUITE 450CINCINNATI
Phone
N/A
Web
N/A
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
EQTIX15.67-0.18
-1.14%
Shelton Equity Income Investor
DDDCX17.91-0.27
-1.49%
13D Activist C
FSEBX9.78-0.15
-1.51%
Fidelity® Sustainable U.S. Equity Fund
MTCLX54.76-0.84
-1.51%
MFS Technology R6
PJFZX52.91-0.83
-1.54%
PGIM Jennison Growth Z

MGMT and

Correlation & Price change

A.I.dvisor tells us that MGMT and IWM have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MGMT and IWM's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGMT
1D Price
Change %
MGMT100%
-0.93%
IWM - MGMT
9%
Poorly correlated
-1.29%
SCHA - MGMT
8%
Poorly correlated
-1.33%
VB - MGMT
8%
Poorly correlated
-1.48%
IJR - MGMT
7%
Poorly correlated
-1.45%
SPSM - MGMT
7%
Poorly correlated
-1.46%
More