UITB VictoryShares Core Intermediate Bond ETF Forecast, Technical & Fundamental Analysis
UITB in +0.20% Uptrend, growing for three consecutive days on December 26, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where UITB advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for UITB's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
UITB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UITB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for UITB entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category IntermediateTermBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SGGCX | 61.01 | 0.91 | +1.51% |
| DWS Large Cap Focus Growth C | |||
| RERGX | 56.09 | 0.17 | +0.30% |
| American Funds Europacific Growth R6 | |||
| OSGCX | 10.78 | -0.01 | -0.09% |
| JPMorgan Small Cap Growth C | |||
| LFSFX | 30.74 | -0.22 | -0.71% |
| Lord Abbett Focused Small Cap Value F | |||
| MLPGX | 7.67 | -0.10 | -1.29% |
| Invesco SteelPath MLP Alpha C | |||
UITB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UITB has been closely correlated with AGG. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if UITB jumps, then AGG could also see price increases.
| Ticker / NAME | Correlation To UITB | 1D Price Change % | ||
|---|---|---|---|---|
| UITB | 100% | -0.15% | ||
| AGG - UITB | 96% Closely correlated | -0.24% | ||
| BND - UITB | 95% Closely correlated | -0.21% | ||
| SCHZ - UITB | 95% Closely correlated | -0.18% | ||
| BIV - UITB | 95% Closely correlated | -0.25% | ||
| SPAB - UITB | 95% Closely correlated | -0.20% |