+Compare
PHDG
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
133.22M

PHDG Invesco S&P 500® Downside Hedged ETF Forecast, Technical & Fundamental Analysis

Category LongShort
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for PHDG with price predictions
07:00 PM EST Dec 06, 2023

PHDG in upward trend: 10-day moving average crossed above 50-day moving average on November 10, 2023

The 10-day moving average for PHDG crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .

Price Prediction Chart

Technical Analysis (Indicators)

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 PHDG as a result. In of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

PHDG 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 PHDG advanced for three days, in of 314 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 292 cases where PHDG 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where PHDG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PHDG turned negative on December 06, 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 44 similar instances when the indicator turned negative. In of the 44 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 PHDG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PHDG broke above its upper Bollinger Band on November 14, 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)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed income market returns. The fund seeks to achieve its investment objective by allocating its assets generally among the components of the S&P 500® Dynamic VEQTOR Index. The Benchmark is composed of up to three types of components: (i) an equity component, represented by the S&P 500® Index; (ii) a volatility hedge component, represented by the S&P 500® VIX Short-Term Futures Index (“VIX Futures Index”); and (iii) cash.

Volume

The average weekly volume growth across all stocks in the Invesco S&P 500® Downside Hedged ETF ETF was -25%. For the same stocks of the ETF, the average monthly volume growth was 1% and the average quarterly volume growth was 6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 51
Price Growth Rating: 40
SMR Rating: 51
Profit Risk Rating: 47
Seasonality Score: 16 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category LongShort

Profile
Fundamentals
Details
Category
Long-Short Equity
Address
855 West Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
DCCAX26.090.29
+1.12%
Delaware Small Cap Core A
ANTUX9.840.07
+0.72%
American Century Non-US IntrsVal Inv
DSGCX16.24N/A
N/A
BNY Mellon Select Managers Sm Cp Gr C
MXHAX11.39N/A
N/A
Empower Large Cap Value Inv II
FCAJX9.26N/A
N/A
Fidelity Advisor® Climate Action A

PHDG and

Correlation & Price change

A.I.dvisor indicates that over the last year, PHDG has been closely correlated with ADME. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if PHDG jumps, then ADME could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PHDG
1D Price
Change %
PHDG100%
+0.46%
ADME - PHDG
74%
Closely correlated
+0.61%
FTLS - PHDG
51%
Loosely correlated
+0.36%
CPZ - PHDG
43%
Loosely correlated
+1.54%
IDUB - PHDG
42%
Loosely correlated
+0.43%
HTUS - PHDG
12%
Poorly correlated
+0.79%
More