SMLE Xtrackers S&P SmallCap 600 ESG ETF Forecast, Technical & Fundamental Analysis
SMLE's RSI Indicator ascends into overbought territory
The RSI Oscillator for SMLE moved into overbought territory on December 01, 2023. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 41 cases where SMLE'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 SMLE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SMLE broke above its upper Bollinger Band on December 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 01, 2023. You may want to consider a long position or call options on SMLE as a result. In of 47 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 SMLE just turned positive on November 02, 2023. Looking at past instances where SMLE's MACD turned positive, the stock continued to rise in of 22 cases over the following month. The odds of a continued upward trend are .
SMLE moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SMLE crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 SMLE advanced for three days, in of 164 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 127 cases where SMLE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category SmallBlend
SMLE and
Correlation & Price change
A.I.dvisor indicates that over the last year, SMLE has been closely correlated with IJR. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMLE jumps, then IJR could also see price increases.
| Ticker / NAME | Correlation To SMLE | 1D Price Change % | ||
|---|---|---|---|---|
| SMLE | 100% | +2.95% | ||
| IJR - SMLE | 100% Closely correlated | +2.92% | ||
| SPSM - SMLE | 99% Closely correlated | +2.87% | ||
| FNDA - SMLE | 99% Closely correlated | +2.86% | ||
| VTWO - SMLE | 98% Closely correlated | +3.00% | ||
| IWM - SMLE | 97% Closely correlated | +2.92% | ||
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