SMIN iShares MSCI India Small-Cap ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for SMIN turns positive, indicating new upward trend

SMIN saw its Momentum Indicator move above the 0 level on November 25, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 70 similar instances where the indicator turned positive. In of the 70 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for SMIN just turned positive on November 25, 2024. Looking at past instances where SMIN's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

SMIN moved above its 50-day moving average on December 03, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SMIN crossed bullishly above the 50-day moving average on December 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 SMIN advanced for three days, in of 389 cases, the price rose further within the following month. The odds of a continued upward trend are .

SMIN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 429 cases where SMIN 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 10-day RSI Indicator for SMIN moved out of overbought territory on December 12, 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 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where SMIN's Stochastic Oscillator exited the overbought zone, the price fell further within 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 SMIN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .