OEUR ALPS O'Shares Europe Quality Div ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for OEUR turns positive, indicating new upward trend
OEUR 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 86 similar instances where the indicator turned positive. In of the 86 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 OEUR just turned positive on November 02, 2023. Looking at past instances where OEUR's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
OEUR moved above its 50-day moving average on November 08, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for OEUR crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 OEUR advanced for three days, in of 328 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 330 cases where OEUR 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 demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 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 OEUR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 EuropeStock
OEUR and
Correlation & Price change
A.I.dvisor tells us that OEUR and VGK have been poorly correlated (+17% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OEUR and VGK's prices will move in lockstep.
| Ticker / NAME | Correlation To OEUR | 1D Price Change % | ||
|---|---|---|---|---|
| OEUR | 100% | -0.07% | ||
| VGK - OEUR | 17% Poorly correlated | -0.23% | ||
| IEUR - OEUR | 17% Poorly correlated | -0.21% | ||
| BBEU - OEUR | 16% Poorly correlated | -0.07% | ||
| EZU - OEUR | 16% Poorly correlated | -0.37% | ||
| FEZ - OEUR | 14% Poorly correlated | -0.37% | ||
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