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PUTW
ETF ticker: NYSE ARCA
AS OF
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Net Assets
84.41M

PUTW WisdomTree PutWrite Strategy Fund Forecast, Technical & Fundamental Analysis

Category LargeBlend
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for PUTW with price predictions
07:00 PM EST Dec 05, 2023

Momentum Indicator for PUTW turns positive, indicating new upward trend

PUTW 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 79 similar instances where the indicator turned positive. In of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for PUTW just turned positive on November 02, 2023. Looking at past instances where PUTW's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

PUTW 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.

The 10-day moving average for PUTW 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 11 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 PUTW advanced for three days, in of 374 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 498 cases where PUTW 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PUTW 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)

Fear & Greed
A.I.Advisor
published Highlights

Industry description

The investment seeks to track the price and yield performance of the Volos US Large Cap Target 2.5% PutWrite Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index tracks the value of a cash-secured put option sales strategy, which consists of selling put options on the SPDR S&P 500 ETF Trust and a cash collateral account that accrues interest at a theoretical three-month treasury bill rate. The fund is non-diversified.
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A.I. Advisor
published General Information

General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Derivative Income
Address
WisdomTree Trust380 Madison AveNew York
Phone
866-909-9473
Web
www.wisdomtree.com
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PUTW and

Correlation & Price change

A.I.dvisor indicates that over the last year, PUTW has been closely correlated with JEPI. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if PUTW jumps, then JEPI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PUTW
1D Price
Change %
PUTW100%
-0.03%
JEPI - PUTW
73%
Closely correlated
+0.09%
JEPQ - PUTW
72%
Closely correlated
-0.39%
XYLD - PUTW
71%
Closely correlated
-0.08%
QYLD - PUTW
68%
Closely correlated
-0.12%
BDJ - PUTW
66%
Closely correlated
-0.52%
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