NOVZ TrueShares Structured Outcome Nov ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investors with returns that track those of the S&P 500 Price Index while seeking to provide a buffer against the first 8% to 12% of S&P 500 Price Index losses, over a twelve-month period... Show more
NOVZ sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for NOVZ moved above the 200-day moving average on July 01, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 09, 2025. You may want to consider a long position or call options on NOVZ as a result. In of 68 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 NOVZ just turned positive on July 01, 2025. Looking at past instances where NOVZ's MACD turned positive, the stock continued to rise in of 49 cases 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 NOVZ advanced for three days, in of 327 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 348 cases where NOVZ 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 NOVZ moved out of overbought territory on July 07, 2025. 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 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
NOVZ broke above its upper Bollinger Band on July 01, 2025. 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.
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General Information
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NOVZ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NOVZ has been closely correlated with PNOV. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if NOVZ jumps, then PNOV could also see price increases.
| Ticker / NAME | Correlation To NOVZ | 1D Price Change % | ||
|---|---|---|---|---|
| NOVZ | 100% | N/A | ||
| PNOV - NOVZ | 96% Closely correlated | -0.03% | ||
| FJUL - NOVZ | 94% Closely correlated | N/A | ||
| POCT - NOVZ | 94% Closely correlated | N/A | ||
| FMAY - NOVZ | 93% Closely correlated | +0.06% | ||
| FMAR - NOVZ | 93% Closely correlated | -0.07% | ||
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