QVAL Alpha Architect US Quantitative Val ETF Forecast, Technical & Fundamental Analysis
QVAL's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Oscillator for QVAL moved out of overbought territory on September 15, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 instances where the indicator moved out of the overbought zone. In of the 38 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on QVAL as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for QVAL turned negative on September 19, 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
QVAL moved below its 50-day moving average on September 21, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QVAL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, 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 QVAL advanced for three days, in of 342 cases, the price rose further within the following month. The odds of a continued upward trend are .
QVAL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 285 cases where QVAL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category MidCapValue
QVAL and
Correlation & Price change
A.I.dvisor indicates that over the last year, QVAL has been closely correlated with COWZ. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if QVAL jumps, then COWZ could also see price increases.
| Ticker / NAME | Correlation To QVAL | 1D Price Change % | ||
|---|---|---|---|---|
| QVAL | 100% | -1.17% | ||
| COWZ - QVAL | 88% Closely correlated | -1.29% | ||
| IWS - QVAL | 77% Closely correlated | -1.80% | ||
| IJJ - QVAL | 76% Closely correlated | -1.86% | ||
| VOE - QVAL | 76% Closely correlated | -2.04% | ||
| SDY - QVAL | 70% Closely correlated | -1.43% |