ROBT FT Nasdaq Artfcl Intllgnc and Rbtc ETF Forecast, Technical & Fundamental Analysis
ROBT in +1.32% Uptrend, rising for three consecutive days on December 08, 2023
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 ROBT advanced for three days, in of 367 cases, the price rose further within 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 03, 2023. You may want to consider a long position or call options on ROBT as a result. In of 62 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 ROBT just turned positive on November 02, 2023. Looking at past instances where ROBT's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
ROBT moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ROBT crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 368 cases where ROBT 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 demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ROBT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
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 Technology
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ILGDX | 17.23 | 0.09 | +0.53% |
| Columbia Integrated Large Cap Gr C | |||
| VRGWX | 582.23 | 2.89 | +0.50% |
| Vanguard Russell 1000 Growth Index I | |||
| CSVZX | 31.52 | 0.10 | +0.32% |
| Columbia Select Large Cap Value Inst | |||
| BRKTX | 12.14 | 0.03 | +0.25% |
| MFS Blended Research Em Mkts Eq R3 | |||
| PEQUX | 14.09 | 0.03 | +0.21% |
| Putnam Focused International Equity A | |||
ROBT and
Correlation & Price change
A.I.dvisor indicates that over the last year, ROBT has been closely correlated with VGT. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if ROBT jumps, then VGT could also see price increases.
| Ticker / NAME | Correlation To ROBT | 1D Price Change % | ||
|---|---|---|---|---|
| ROBT | 100% | +1.01% | ||
| VGT - ROBT | 86% Closely correlated | +0.89% | ||
| IYW - ROBT | 84% Closely correlated | +0.72% | ||
| XLK - ROBT | 82% Closely correlated | +0.85% | ||
| SOXX - ROBT | 81% Closely correlated | +0.79% | ||
| SMH - ROBT | 79% Closely correlated | +0.86% |