NEAR iShares Short Maturity Bond ETF Forecast, Technical & Fundamental Analysis
NEAR in +0.05% Uptrend, advancing for three consecutive days on September 27, 2023
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NEAR advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 774 cases where NEAR 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 Moving Average Convergence Divergence Histogram (MACD) for NEAR turned negative on September 13, 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 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .
Fundamental Analysis (Ratings)
Industry description
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| RPHS | 8.68 | 0.07 | +0.75% |
| Regents Park Hedged Market Strategy ETF | |||
| ARMR | 21.82 | 0.01 | +0.04% |
| Armor US Equity ETF | |||
| FPEI | 16.88 | -0.01 | -0.06% |
| First Trust Instl Pref Secs and Inc ETF | |||
| ENO | 22.99 | -0.30 | -1.29% |
| Entergy New Orleans LLC | |||
| EOT | 15.93 | -0.37 | -2.27% |
| EATON VANCE NATIONAL Municipal OPPORTUNITIES TRUST | |||
NEAR and
Correlation & Price change
A.I.dvisor indicates that over the last year, NEAR has been closely correlated with MINT. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEAR jumps, then MINT could also see price increases.
| Ticker / NAME | Correlation To NEAR | 1D Price Change % | ||
|---|---|---|---|---|
| NEAR | 100% | +0.01% | ||
| MINT - NEAR | 73% Closely correlated | +0.02% | ||
| JPST - NEAR | 57% Loosely correlated | +0.06% | ||
| SHV - NEAR | 47% Loosely correlated | +0.05% | ||
| FLOT - NEAR | 19% Poorly correlated | +0.06% | ||
| BIL - NEAR | 14% Poorly correlated | +0.03% | ||
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