QLC FlexShares US Quality Large Cap ETF Forecast, Technical & Fundamental Analysis
QLC sees MACD Histogram crosses below signal line
QLC saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In of the 49 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on QLC as a result. In of 64 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
QLC moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for QLC crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QLC 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 QLC entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for QLC's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QLC advanced for three days, in of 354 cases, the price rose further within the following month. The odds of a continued upward trend are .
QLC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FIENX | 10.24 | N/A | N/A |
| Fidelity® International Enhanced Index | |||
| JEMWX | 27.83 | N/A | N/A |
| JPMorgan Emerging Markets Equity R6 | |||
| NWAMX | 32.90 | N/A | N/A |
| Nationwide BNY Mellon Dyn US Eq Inc K | |||
| REUYX | 41.89 | -0.10 | -0.24% |
| Russell Inv Sustainable Equity Y | |||
| LSHEX | 23.05 | -0.21 | -0.90% |
| Kinetics Spin-Off and Corp Rest No Load | |||
QLC and
Correlation & Price change
A.I.dvisor tells us that QLC and VTI have been poorly correlated (+5% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that QLC and VTI's prices will move in lockstep.