SHRY First Trust Bloomberg Shld Yld ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Bloomberg Shareholder Yield Index... Show more
SHRY sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for SHRY moved above the 200-day moving average on June 24, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2025. You may want to consider a long position or call options on SHRY as a result. In of 70 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 SHRY just turned positive on June 30, 2025. Looking at past instances where SHRY's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 368 cases where SHRY 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 Oscillator 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 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
SHRY broke above its upper Bollinger Band on July 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category LargeValue
SHRY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHRY has been closely correlated with IVE. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHRY jumps, then IVE could also see price increases.
| Ticker / NAME | Correlation To SHRY | 1D Price Change % | ||
|---|---|---|---|---|
| SHRY | 100% | +1.56% | ||
| IVE - SHRY | 89% Closely correlated | +0.12% | ||
| VYM - SHRY | 88% Closely correlated | +1.28% | ||
| VTV - SHRY | 88% Closely correlated | +0.07% | ||
| IWD - SHRY | 87% Closely correlated | +0.18% | ||
| DIA - SHRY | 85% Closely correlated | -0.04% | ||
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