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 MACD Histogram just turned negative
NOVZ saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 20, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 50 instances where the indicator turned negative. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NOVZ moved out of overbought territory on August 29, 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 47 similar instances where the indicator moved out of overbought territory. In of the 47 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 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Momentum Indicator moved below the 0 level on September 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NOVZ as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOVZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOVZ advanced for three days, in of 332 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 380 cases where NOVZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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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% | -0.53% | ||
| PNOV - NOVZ | 96% Closely correlated | -0.33% | ||
| POCT - NOVZ | 94% Closely correlated | -0.19% | ||
| FMAY - NOVZ | 93% Closely correlated | -0.49% | ||
| FMAR - NOVZ | 93% Closely correlated | -0.23% | ||
| HELO - NOVZ | 93% Closely correlated | -0.23% | ||
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