SURE AdvisorShares Insider Advantage ETF Forecast, Technical & Fundamental Analysis
SURE in -0.76% downward trend, sliding for three consecutive days on September 20, 2023
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 SURE declined for three days, in of 279 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on SURE as a result. In of 71 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 SURE 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 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 .
SURE 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 SURE crossed bearishly below the 50-day moving average on August 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 .
The Aroon Indicator for SURE entered a downward trend on September 05, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SURE's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
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 SURE advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .
SURE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
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 LargeValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| EQNBX | 18.85 | -0.10 | -0.53% |
| MFS Equity Income B | |||
| PFSZX | 18.39 | -0.10 | -0.54% |
| PGIM Jennison Financial Services Z | |||
| CSVYX | 46.83 | -0.29 | -0.62% |
| Columbia Small Cap Value I Inst3 | |||
| FCVCX | 14.37 | -0.10 | -0.69% |
| Fidelity Advisor® Small Cap Value C | |||
| JSIGX | 15.05 | -0.23 | -1.51% |
| Jacob Small Cap Growth Institutional | |||
SURE and
Correlation & Price change
A.I.dvisor tells us that SURE and IWD have been poorly correlated (+1% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SURE and IWD's prices will move in lockstep.
| Ticker / NAME | Correlation To SURE | 1D Price Change % | ||
|---|---|---|---|---|
| SURE | 100% | -0.50% | ||
| IWD - SURE | 1% Poorly correlated | -0.38% | ||
| VYM - SURE | -1% Poorly correlated | -0.37% | ||
| DIA - SURE | -1% Poorly correlated | -0.22% | ||
| VTV - SURE | -1% Poorly correlated | -0.25% | ||
| SCHD - SURE | -1% Poorly correlated | -0.41% |