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TINY
ETF ticker: NYSE ARCA
AS OF
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Net Assets
2.84M

TINY ProShares Nanotechnology ETF Forecast, Technical & Fundamental Analysis

a venture capital fund

Category Technology
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for TINY with price predictions
07:00 PM EST Dec 05, 2023

TINY in upward trend: 10-day moving average broke above 50-day moving average on November 14, 2023

The 10-day moving average for TINY crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on December 06, 2023. You may want to consider a long position or call options on TINY as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

TINY moved above its 50-day moving average on November 10, 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 TINY advanced for three days, in of 211 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 162 cases where TINY 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 10-day RSI Indicator for TINY moved out of overbought territory on December 04, 2023. 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 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for TINY turned negative on December 06, 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 34 similar instances when the indicator turned negative. In of the 34 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 50-day moving average for TINY moved below the 200-day moving average on November 02, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TINY 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)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NASDAQ:TSM), Intel Corp (NASDAQ:INTC), Applied Materials (NASDAQ:AMAT), Lam Research Corp (NASDAQ:LRCX), KLA Corp (NASDAQ:KLAC), Novavax (NASDAQ:NVAX).

Industry description

The investment seeks investment results, before fees and expenses, that track the performance of the Solactive Nanotechnology Index (the “index”). The index consists of companies focused on making or applying nanotechnology innovations that allow for improved products, processes, or techniques through control or measurement of material at nanoscale. The adviser seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide exposure to the returns of the index without regard to market conditions, trends or direction. The fund is non-diversified.

Market Cap

The average market capitalization across the ProShares Nanotechnology ETF ETF is 91.44B. The market cap for tickers in the group ranges from 499.11M to 1.12T. NVDA holds the highest valuation in this group at 1.12T. The lowest valued company is LWLG at 499.11M.

High and low price notable news

The average weekly price growth across all stocks in the ProShares Nanotechnology ETF ETF was 18%. For the same ETF, the average monthly price growth was 49%, and the average quarterly price growth was 51%. LWLG experienced the highest price growth at 19%, while INTC experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the ProShares Nanotechnology ETF ETF was 4%. For the same stocks of the ETF, the average monthly volume growth was 13% and the average quarterly volume growth was -18%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 61
P/E Growth Rating: 43
Price Growth Rating: 46
SMR Rating: 60
Profit Risk Rating: 46
Seasonality Score: 23 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

a venture capital fund

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
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TINY and

Correlation & Price change

A.I.dvisor indicates that over the last year, TINY has been closely correlated with SOXX. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if TINY jumps, then SOXX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TINY
1D Price
Change %
TINY100%
+0.32%
SOXX - TINY
93%
Closely correlated
-0.62%
SMH - TINY
92%
Closely correlated
-0.81%
VGT - TINY
86%
Closely correlated
-0.87%
IYW - TINY
85%
Closely correlated
-0.94%
XLK - TINY
85%
Closely correlated
-0.85%