QABA First Trust NASDAQ® ABA Community Bk ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX® ABA Community Bank TM Index... Show more
QABA's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for QABA turned positive on April 17, 2025. Looking at past instances where QABA'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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where QABA's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on QABA as a result. In of 92 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 QABA advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
QABA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for QABA moved below the 200-day moving average on April 11, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QABA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for QABA entered a downward trend on April 09, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Financial
QABA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QABA has been closely correlated with KRE. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if QABA jumps, then KRE could also see price increases.
| Ticker / NAME | Correlation To QABA | 1D Price Change % | ||
|---|---|---|---|---|
| QABA | 100% | +1.55% | ||
| KRE - QABA | 98% Closely correlated | +2.25% | ||
| KBE - QABA | 97% Closely correlated | +1.84% | ||
| FXO - QABA | 89% Closely correlated | +1.30% | ||
| KBWB - QABA | 86% Closely correlated | +2.03% | ||
| KCE - QABA | 79% Closely correlated | +1.43% | ||
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