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NDJI
ETF ticker: NYSE ARCA
AS OF
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Net Assets
23.56M

NDJI Nationwide Dow Jones Risk-Mngd Inc ETF Forecast, Technical & Fundamental Analysis

Category LargeBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for NDJI with price predictions
07:00 PM EST Nov 27, 2023

NDJI in upward trend: 10-day moving average broke above 50-day moving average on November 13, 2023

The 10-day moving average for NDJI crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 6 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on NDJI as a result. In of 33 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NDJI just turned positive on November 01, 2023. Looking at past instances where NDJI's MACD turned positive, the stock continued to rise in of 16 cases over the following month. The odds of a continued upward trend are .

NDJI moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NDJI advanced for three days, in of 126 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 59 cases where NDJI 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 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 NDJI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH), JPMorgan Chase & Co (NYSE:JPM), Walmart (NYSE:WMT), Johnson & Johnson (NYSE:JNJ), Procter & Gamble Company (NYSE:PG), Home Depot (NYSE:HD), Chevron Corp (NYSE:CVX).

Industry description

The investment seeks current income with downside protection. The fund is an actively-managed exchange-traded fund (“ETF”) that invests in a portfolio of the stocks included in the Dow Jones Industrial Average® and an options collar on the Dow Jones. The Dow Jones is a price-weighted index comprised of the stocks of 30 U.S. blue-chip companies. Under normal circumstances, at least 80% of the fund’s net assets will be invested in securities, or derivative instruments linked to securities, of companies that are included in the fund’s reference index. The fund is non-diversified.

Market Cap

The average market capitalization across the Nationwide Dow Jones Risk-Mngd Inc ETF ETF is 388.59B. The market cap for tickers in the group ranges from 17.37B to 2.95T. AAPL holds the highest valuation in this group at 2.95T. The lowest valued company is WBA at 17.37B.

High and low price notable news

The average weekly price growth across all stocks in the Nationwide Dow Jones Risk-Mngd Inc ETF ETF was 3%. For the same ETF, the average monthly price growth was 27%, and the average quarterly price growth was 45%. MMM experienced the highest price growth at 5%, while WBA experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Nationwide Dow Jones Risk-Mngd Inc ETF ETF was -5%. For the same stocks of the ETF, the average monthly volume growth was -28% and the average quarterly volume growth was -30%

Fundamental Analysis Ratings

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

Valuation Rating: 52
P/E Growth Rating: 49
Price Growth Rating: 39
SMR Rating: 36
Profit Risk Rating: 35
Seasonality Score: -3 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

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Profile
Fundamentals
Details
Category
Derivative Income
Address
ETF Series Solutions615 East Michigan Street, Milwaukee, WisconsinEast Michigan
Phone
(414) 765-5586
Web
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NDJI and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NDJI
1D Price
Change %
NDJI100%
+0.21%
DIVO - NDJI
9%
Poorly correlated
+0.18%
BDJ - NDJI
8%
Poorly correlated
+0.26%
JEPI - NDJI
4%
Poorly correlated
-0.02%
XYLD - NDJI
4%
Poorly correlated
+0.13%
JEPQ - NDJI
3%
Poorly correlated
+0.20%
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