NWLG Nuveen Winslow Large-Cap Growth ESG ETF Forecast, Technical & Fundamental Analysis
NWLG's Stochastic Oscillator stays in overbought zone for 21 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for NWLG moved out of overbought territory on December 04, 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 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for NWLG turned negative on December 04, 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 17 similar instances when the indicator turned negative. In of the 17 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 NWLG as a result. In of 35 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
NWLG moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for NWLG crossed bullishly above the 50-day moving average on November 09, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 NWLG advanced for three days, in of 139 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 128 cases where NWLG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
NWLG and
Correlation & Price change
A.I.dvisor indicates that over the last year, NWLG has been closely correlated with SPYG. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if NWLG jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To NWLG | 1D Price Change % | ||
|---|---|---|---|---|
| NWLG | 100% | N/A | ||
| SPYG - NWLG | 98% Closely correlated | +0.35% | ||
| IWF - NWLG | 97% Closely correlated | +0.49% | ||
| VUG - NWLG | 97% Closely correlated | +0.50% | ||
| SCHG - NWLG | 97% Closely correlated | +0.49% | ||
| QQQ - NWLG | 96% Closely correlated | +0.25% | ||
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