OAIM OneAscent International Equity ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for OAIM turns positive, indicating new upward trend
OAIM saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator turned positive. In of the 18 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for OAIM just turned positive on November 01, 2023. Looking at past instances where OAIM's MACD turned positive, the stock continued to rise in of 6 cases over the following month. The odds of a continued upward trend are .
OAIM moved above its 50-day moving average on November 10, 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 OAIM advanced for three days, in of 71 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 58 cases where OAIM 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
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 OAIM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
OAIM broke above its upper Bollinger Band on November 03, 2023. 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category ForeignLargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TILWX | 22.55 | 0.06 | +0.27% |
| TIAA-CREF Large-Cap Growth W | |||
| PMSSX | 20.51 | -0.14 | -0.68% |
| Principal MidCap S&P 400 Index R1 | |||
| IBCGX | 19.82 | -0.15 | -0.75% |
| VY® Baron Growth S2 | |||
| ASCRX | 12.86 | -0.10 | -0.77% |
| American Century Small Company R | |||
| CWSGX | 11.87 | -0.11 | -0.92% |
| Carillon Chartwell Small Cap Growth Fund | |||
OAIM and
Correlation & Price change
A.I.dvisor tells us that OAIM and IEFA have been poorly correlated (+8% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OAIM and IEFA's prices will move in lockstep.
| Ticker / NAME | Correlation To OAIM | 1D Price Change % | ||
|---|---|---|---|---|
| OAIM | 100% | +0.15% | ||
| IEFA - OAIM | 8% Poorly correlated | +0.06% | ||
| VEA - OAIM | 8% Poorly correlated | +0.17% | ||
| EFA - OAIM | 8% Poorly correlated | +0.03% | ||
| VXUS - OAIM | 5% Poorly correlated | +0.34% | ||
| VEU - OAIM | 5% Poorly correlated | +0.26% |