SMCP AlphaMark Actively Managed Small Cap ETF Forecast, Technical & Fundamental Analysis
SMCP in downward trend: price may decline as a result of having broken its higher Bollinger Band on September 01, 2023
SMCP broke above its upper Bollinger Band on September 01, 2023. 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. The A.I.dvisor looked at 34 similar instances where the stock broke above the upper band. In of the 34 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 11, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SMCP as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for SMCP turned negative on September 07, 2023. 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
SMCP moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SMCP crossed bearishly below the 50-day moving average on August 23, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 SMCP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SMCP advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
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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 SmallBlend
SMCP and
Correlation & Price change
A.I.dvisor indicates that over the last year, SMCP has been closely correlated with VTWO. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMCP jumps, then VTWO could also see price increases.
| Ticker / NAME | Correlation To SMCP | 1D Price Change % | ||
|---|---|---|---|---|
| SMCP | 100% | -0.06% | ||
| VTWO - SMCP | 97% Closely correlated | -0.28% | ||
| FNDA - SMCP | 96% Closely correlated | -0.23% | ||
| IWM - SMCP | 96% Closely correlated | -0.23% | ||
| SCHA - SMCP | 96% Closely correlated | -0.31% | ||
| VB - SMCP | 95% Closely correlated | -0.25% | ||
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