STIP iShares 0-5 Year TIPS Bond ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for STIP turns positive, indicating new upward trend
STIP saw its Momentum Indicator move above the 0 level on November 20, 2023. 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 79 similar instances where the indicator turned positive. In of the 79 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 STIP just turned positive on November 14, 2023. Looking at past instances where STIP's MACD turned positive, the stock continued to rise in of 54 cases 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 STIP advanced for three days, in of 363 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 449 cases where STIP 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 RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where STIP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
STIP 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category InflationProtectedBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JPIN | 53.47 | 0.65 | +1.22% |
| JPMorgan Diversified Return Intl Eq ETF | |||
| HEWG | 31.68 | 0.35 | +1.12% |
| iShares Currency Hedged MSCI Germany ETF | |||
| EIS | 54.68 | 0.47 | +0.87% |
| iShares MSCI Israel ETF | |||
| WNDY | 12.94 | 0.10 | +0.78% |
| Global X Wind Energy ETF | |||
| DFSD | 46.72 | 0.04 | +0.09% |
| Dimensional Short-Duration Fixed Inc ETF | |||
STIP and
Correlation & Price change
A.I.dvisor indicates that over the last year, STIP has been closely correlated with TDTT. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if STIP jumps, then TDTT could also see price increases.
| Ticker / NAME | Correlation To STIP | 1D Price Change % | ||
|---|---|---|---|---|
| STIP | 100% | +0.24% | ||
| TDTT - STIP | 99% Closely correlated | +0.39% | ||
| STPZ - STIP | 99% Closely correlated | +0.40% | ||
| TIPX - STIP | 97% Closely correlated | +0.44% | ||
| VTIP - STIP | 97% Closely correlated | +0.77% | ||
| TDTF - STIP | 94% Closely correlated | +0.64% | ||
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