SHUS's Stochastic Oscillator is remaining in oversold zone for 6 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 27, 2024. You may want to consider a long position or call options on SHUS as a result. In of 90 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
The 10-day RSI Indicator for SHUS moved out of overbought territory on November 13, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator moved out of overbought territory. In of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for SHUS turned negative on November 27, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .
General Information
Category MidCapValue
SHUS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHUS has been closely correlated with IWS. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHUS jumps, then IWS could also see price increases.
| Ticker / NAME | Correlation To SHUS | 1D Price Change % | ||
|---|---|---|---|---|
| SHUS | 100% | N/A | ||
| IWS - SHUS | 85% Closely correlated | -1.33% | ||
| VO - SHUS | 85% Closely correlated | -0.83% | ||
| MDY - SHUS | 84% Closely correlated | -1.17% | ||
| IJH - SHUS | 84% Closely correlated | -1.62% | ||
| IWR - SHUS | 84% Closely correlated | -0.87% | ||
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