USMV iShares MSCI USA Min Vol Factor ETF Forecast, Technical & Fundamental Analysis
USMV in upward trend: price rose above 50-day moving average on November 03, 2023
USMV moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within 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 USMV as a result. In of 91 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 USMV just turned positive on November 02, 2023. Looking at past instances where USMV's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for USMV 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 16 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 USMV advanced for three days, in of 357 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 416 cases where USMV 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 USMV moved out of overbought territory on November 29, 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 55 similar instances where the indicator moved out of overbought territory. In of the 55 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 17 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 USMV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
USMV broke above its upper Bollinger Band on November 22, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put 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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| WBAT | 29.59 | 0.20 | +0.69% |
| WisdomTree Battery Val Chn & Innvt ETF | |||
| JSTC | 16.18 | 0.09 | +0.56% |
| Adasina Social Justice All Cp Glbl ETF | |||
| RING | 24.55 | 0.10 | +0.41% |
| iShares MSCI Global Gold Miners ETF | |||
| FDCF | 27.66 | 0.03 | +0.12% |
| Fidelity® Disruptive Communications ETF | |||
| EWU | 32.37 | -0.07 | -0.22% |
| iShares MSCI United Kingdom ETF | |||
USMV and
Correlation & Price change
A.I.dvisor indicates that over the last year, USMV has been closely correlated with VIG. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if USMV jumps, then VIG could also see price increases.
| Ticker / NAME | Correlation To USMV | 1D Price Change % | ||
|---|---|---|---|---|
| USMV | 100% | -0.11% | ||
| VIG - USMV | 94% Closely correlated | -0.12% | ||
| IVV - USMV | 87% Closely correlated | -0.05% | ||
| SPY - USMV | 87% Closely correlated | -0.07% | ||
| VOO - USMV | 86% Closely correlated | -0.06% | ||
| VTI - USMV | 86% Closely correlated | +0.04% |