RFFC ALPS Active Equity Opportunity ETF Forecast, Technical & Fundamental Analysis
RFFC in upward trend: 10-day moving average crossed above 50-day moving average on November 13, 2023
The 10-day moving average for RFFC crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on RFFC as a result. In of 71 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for RFFC just turned positive on November 02, 2023. Looking at past instances where RFFC's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
RFFC moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RFFC advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
RFFC 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 403 cases where RFFC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Fundamental Analysis (Ratings)
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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
RFFC and
Correlation & Price change
A.I.dvisor tells us that RFFC and IVV have been poorly correlated (+9% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that RFFC and IVV's prices will move in lockstep.
| Ticker / NAME | Correlation To RFFC | 1D Price Change % | ||
|---|---|---|---|---|
| RFFC | 100% | +0.15% | ||
| IVV - RFFC | 9% Poorly correlated | +0.08% | ||
| SPY - RFFC | 9% Poorly correlated | +0.09% | ||
| VOO - RFFC | 9% Poorly correlated | +0.08% | ||
| VTI - RFFC | 8% Poorly correlated | +0.04% | ||
| VIG - RFFC | 8% Poorly correlated | -0.09% |