RODE Hartford Multifactor Divers Intl ETF Forecast, Technical & Fundamental Analysis
RODE's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for RODE turned positive on January 07, 2025. Looking at past instances where RODE's MACD turned positive, the stock continued to rise in of 42 cases 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 January 03, 2025. You may want to consider a long position or call options on RODE as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
General Information
Category ForeignLargeValue
RODE and ETFs
Correlation & Price change
A.I.dvisor tells us that RODE and FNDF have been poorly correlated (+-2% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that RODE and FNDF's prices will move in lockstep.
| Ticker / NAME | Correlation To RODE | 1D Price Change % | ||
|---|---|---|---|---|
| RODE | 100% | +1.00% | ||
| FNDF - RODE | -2% Poorly correlated | +1.19% | ||
| EFV - RODE | -3% Poorly correlated | +1.19% | ||
| VYMI - RODE | -3% Poorly correlated | +1.18% | ||
| DFIV - RODE | -3% Poorly correlated | +0.89% | ||
| IDV - RODE | -7% Poorly correlated | +0.71% |