Momentum Indicator for MVV turns positive, indicating new upward trend
MVV 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 78 similar instances where the indicator turned positive. In of the 78 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 MVV just turned positive on November 02, 2023. Looking at past instances where MVV's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
MVV moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for MVV crossed bullishly above the 50-day moving average on November 20, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 MVV advanced for three days, in of 324 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 308 cases where MVV 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 MVV moved out of overbought territory on December 05, 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 entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MVV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MVV broke above its upper Bollinger Band on December 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.
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 Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MXHAX | 11.51 | 0.06 | +0.52% |
| Empower Large Cap Value Inv II | |||
| SSMOX | 10.63 | 0.05 | +0.47% |
| Steward Values Enhanced SmMidCapIndex R6 | |||
| AWSIX | 14.52 | 0.04 | +0.28% |
| Invesco Global Core Equity R5 | |||
| FABLX | 25.66 | 0.05 | +0.20% |
| Fidelity Advisor® Balanced A | |||
| GALPX | 18.01 | 0.03 | +0.17% |
| Goldman Sachs U.S. Equity ESG P | |||
MVV and
Correlation & Price change
A.I.dvisor tells us that MVV and SPXL have been poorly correlated (+17% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MVV and SPXL's prices will move in lockstep.
| Ticker / NAME | Correlation To MVV | 1D Price Change % | ||
|---|---|---|---|---|
| MVV | 100% | +0.84% | ||
| SPXL - MVV | 17% Poorly correlated | +1.20% | ||
| SSO - MVV | 17% Poorly correlated | +0.83% | ||
| TQQQ - MVV | 14% Poorly correlated | +1.20% | ||
| QLD - MVV | 13% Poorly correlated | +0.78% | ||
| SOXL - MVV | 12% Poorly correlated | +2.24% |