SIXS ETC 6 Meridian Small Cap Equity ETF Forecast, Technical & Fundamental Analysis
SIXS's RSI Oscillator ascending out of oversold territory
The RSI Oscillator for SIXS moved out of oversold territory on December 24, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on SIXS as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SIXS advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day moving average for SIXS crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SIXS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SIXS entered a downward trend on January 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category SmallValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MITBX | 34.38 | 0.32 | +0.94% |
| MFS Massachusetts Investors Tr B | |||
| USRTX | 30.80 | 0.24 | +0.79% |
| Horizon Multi-Factor U.S. Equity Advisor | |||
| STSNX | 39.86 | 0.29 | +0.73% |
| Sterling Capital SmCp Val A | |||
| EMSLX | 16.35 | 0.10 | +0.62% |
| Shelton Emerging Markets Investor | |||
| PGRSX | 9.12 | N/A | N/A |
| Principal Global Real Estate Sec R6 | |||
SIXS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SIXS has been closely correlated with DFAT. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if SIXS jumps, then DFAT could also see price increases.
| Ticker / NAME | Correlation To SIXS | 1D Price Change % | ||
|---|---|---|---|---|
| SIXS | 100% | +0.35% | ||
| DFAT - SIXS | 93% Closely correlated | +0.44% | ||
| AVUV - SIXS | 92% Closely correlated | +0.41% | ||
| IWN - SIXS | 92% Closely correlated | +0.40% | ||
| CALF - SIXS | 91% Closely correlated | +0.53% | ||
| VBR - SIXS | 90% Closely correlated | +0.47% | ||
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