RIET Hoya Capital High Dividend Yield ETF Forecast, Technical & Fundamental Analysis

RIET in +1.08% Uptrend, rising for three consecutive days on February 06, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where RIET advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for RIET just turned positive on January 15, 2025. Looking at past instances where RIET's MACD turned positive, the stock continued to rise in of 28 cases over the following month. The odds of a continued upward trend are .

RIET moved above its 50-day moving average on February 05, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for RIET crossed bullishly above the 50-day moving average on February 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .

The Aroon Indicator entered an Uptrend today. In of 209 cases where RIET 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RIET as a result. In of 66 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 50-day moving average for RIET moved below the 200-day moving average on February 18, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .