TIME Clockwise Core Equity & Innovation ETF Forecast, Technical & Fundamental Analysis
TIME's RSI Oscillator is remaining in overbought zone for 14 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
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 TIME declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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 TIME as a result. In of 24 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 TIME just turned positive on November 02, 2023. Looking at past instances where TIME's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .
TIME moved above its 50-day moving average on November 07, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TIME crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 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 TIME advanced for three days, in of 94 cases, the price rose further within the following month. The odds of a continued upward trend are .
TIME may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 97 cases where TIME Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend 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 Technology
TIME and
Correlation & Price change
A.I.dvisor indicates that over the last year, TIME has been closely correlated with IYW. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if TIME jumps, then IYW could also see price increases.
| Ticker / NAME | Correlation To TIME | 1D Price Change % | ||
|---|---|---|---|---|
| TIME | 100% | +0.46% | ||
| IYW - TIME | 91% Closely correlated | +0.34% | ||
| VGT - TIME | 90% Closely correlated | +0.57% | ||
| XLK - TIME | 88% Closely correlated | +0.23% | ||
| SMH - TIME | 79% Closely correlated | +0.41% | ||
| SOXX - TIME | 79% Closely correlated | +0.47% |