RAFE in -0.51% downward trend, falling for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RAFE declined for three days, in of 276 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on RAFE as a result. In of 70 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 RAFE turned negative on December 09, 2024. 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
RAFE moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
RAFE broke above its upper Bollinger Band on November 25, 2024. 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.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RAFE advanced for three days, in of 326 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 377 cases where RAFE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ASRCX | 8.05 | -0.02 | -0.25% |
| Invesco Global Real Estate Income C | |||
| ITCTX | 28.78 | -0.12 | -0.42% |
| VY® T. Rowe Price Capital Apprec S2 | |||
| NSFMX | 13.24 | -0.06 | -0.45% |
| Natixis Target Retirement 2060 N | |||
| TDFCX | 8.68 | -0.07 | -0.80% |
| Transamerica Sustainable Equity Inc C | |||
| CSVYX | 53.37 | -0.62 | -1.15% |
| Columbia Small Cap Value I Inst3 | |||
RAFE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RAFE has been closely correlated with CAMX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if RAFE jumps, then CAMX could also see price increases.
| Ticker / NAME | Correlation To RAFE | 1D Price Change % | ||
|---|---|---|---|---|
| RAFE | 100% | -0.32% | ||
| CAMX - RAFE | 87% Closely correlated | N/A | ||
| SPLV - RAFE | 66% Closely correlated | -0.38% | ||
| DIA - RAFE | 21% Poorly correlated | -0.64% | ||
| VTV - RAFE | 18% Poorly correlated | -0.65% | ||
| IWD - RAFE | 18% Poorly correlated | -0.70% | ||
More | ||||