TEMP JPMorgan Climate Change Solutions ETF Forecast, Technical & Fundamental Analysis
TEMP in upward trend: 10-day moving average moved above 50-day moving average on November 16, 2023
The 10-day moving average for TEMP crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on TEMP as a result. In of 33 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 TEMP just turned positive on October 31, 2023. Looking at past instances where TEMP's MACD turned positive, the stock continued to rise in of 16 cases over the following month. The odds of a continued upward trend are .
TEMP 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TEMP advanced for three days, in of 108 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 70 cases where TEMP 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 Indicator demonstrates that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 20 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 TEMP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| GCEPX | 9.20 | 0.21 | +2.34% |
| Goldman Sachs Clean Energy Income P | |||
| JFACX | 28.82 | 0.39 | +1.37% |
| JHancock Fundamental All Cap Core R2 | |||
| OGICX | 36.88 | 0.44 | +1.21% |
| Invesco Global Opportunities C | |||
| MIOIX | 23.07 | 0.18 | +0.79% |
| Morgan Stanley Inst International Opp I | |||
| HSIDX | 10.50 | 0.07 | +0.67% |
| Hartford Schroders Sust Intl Core SDR | |||
TEMP and
Correlation & Price change
A.I.dvisor indicates that over the last year, TEMP has been closely correlated with CGGO. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if TEMP jumps, then CGGO could also see price increases.
| Ticker / NAME | Correlation To TEMP | 1D Price Change % | ||
|---|---|---|---|---|
| TEMP | 100% | +1.50% | ||
| CGGO - TEMP | 87% Closely correlated | +0.41% | ||
| ERTH - TEMP | 85% Closely correlated | +1.40% | ||
| GBUY - TEMP | 84% Closely correlated | +0.76% | ||
| TMFG - TEMP | 84% Closely correlated | +1.33% | ||
| GXTG - TEMP | 79% Closely correlated | +2.79% | ||
More | ||||