RAVI FlexShares Ultra-Short Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks maximum current income consistent with the preservation of capital and liquidity... Show more
RAVI in -0.19% downward trend, declining for three consecutive days on April 08, 2025
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 RAVI declined for three days, in of 118 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 April 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RAVI as a result. In of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RAVI advanced for three days, in of 468 cases, the price rose further within the following month. The odds of a continued upward trend are .
RAVI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category UltrashortBond
RAVI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RAVI has been closely correlated with SHV. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if RAVI jumps, then SHV could also see price increases.
| Ticker / NAME | Correlation To RAVI | 1D Price Change % | ||
|---|---|---|---|---|
| RAVI | 100% | -0.13% | ||
| SHV - RAVI | 95% Closely correlated | N/A | ||
| BIL - RAVI | 94% Closely correlated | +0.01% | ||
| VUSB - RAVI | 55% Loosely correlated | -0.16% | ||
| JPST - RAVI | 33% Loosely correlated | N/A | ||
| SGOV - RAVI | 20% Poorly correlated | N/A | ||
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