SMMV iShares MSCI USA Sm-Cp Min Vol Fctr ETF Forecast, Technical & Fundamental Analysis
SMMV in -1.09% downward trend, sliding for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SMMV declined for three days, in of 270 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SMMV moved out of overbought territory on December 02, 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SMMV as a result. In of 85 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 SMMV turned negative on December 04, 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SMMV advanced for three days, in of 327 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 284 cases where SMMV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category SmallBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SGLYX | 11.23 | N/A | N/A |
| SEI Global Managed Volatility Y (SIMT) | |||
| ASCYX | 11.67 | N/A | N/A |
| Alger Small Cap Growth Y | |||
| CIUEX | 10.96 | -0.03 | -0.27% |
| Six Circles International Uncon Eq | |||
| EMACX | 13.27 | -0.04 | -0.30% |
| Gabelli Entpr Mergers & Acquisitions C | |||
| BROCX | 18.22 | -0.08 | -0.44% |
| BlackRock Advantage International Inv C | |||
SMMV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SMMV has been closely correlated with FNDA. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMMV jumps, then FNDA could also see price increases.
| Ticker / NAME | Correlation To SMMV | 1D Price Change % | ||
|---|---|---|---|---|
| SMMV | 100% | -1.07% | ||
| FNDA - SMMV | 92% Closely correlated | -1.18% | ||
| SPSM - SMMV | 92% Closely correlated | -1.42% | ||
| SMMD - SMMV | 91% Closely correlated | -1.10% | ||
| IJR - SMMV | 90% Closely correlated | -2.32% | ||
| SCHA - SMMV | 89% Closely correlated | -1.17% | ||
More | ||||