OBOR KraneShares MSCI One Belt One Road ETF Forecast, Technical & Fundamental Analysis
OBOR in +0.14% Uptrend, advancing for three consecutive days on January 07, 2025
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 OBOR advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for OBOR turned negative on December 19, 2024. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OBOR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Industrials
OBOR and ETFs
Correlation & Price change
A.I.dvisor tells us that OBOR and IFRA have been poorly correlated (+24% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OBOR and IFRA's prices will move in lockstep.
| Ticker / NAME | Correlation To OBOR | 1D Price Change % | ||
|---|---|---|---|---|
| OBOR | 100% | +0.21% | ||
| IFRA - OBOR | 24% Poorly correlated | +0.41% | ||
| GRID - OBOR | 3% Poorly correlated | +1.09% | ||
| NFRA - OBOR | 3% Poorly correlated | +0.32% | ||
| GII - OBOR | 2% Poorly correlated | +0.70% | ||
| IGF - OBOR | 1% Poorly correlated | +0.71% | ||
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