USVT in upward trend: price may ascend as a result of having broken its lower Bollinger Band on September 21, 2023
USVT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 17 cases where USVT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where USVT's RSI Oscillator exited the oversold zone, of 8 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where USVT advanced for three days, in of 135 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on USVT as a result. In of 32 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for USVT turned negative on September 20, 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 15 similar instances when the indicator turned negative. In of the 15 cases the stock turned lower in the days that followed. This puts the odds of success at .
USVT moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for USVT crossed bearishly below the 50-day moving average on August 24, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where USVT 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 USVT entered a downward trend on August 31, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying 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 MidCapValue
USVT and
Correlation & Price change
A.I.dvisor indicates that over the last year, USVT has been closely correlated with IJJ. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if USVT jumps, then IJJ could also see price increases.
| Ticker / NAME | Correlation To USVT | 1D Price Change % | ||
|---|---|---|---|---|
| USVT | 100% | -0.38% | ||
| IJJ - USVT | 95% Closely correlated | -0.12% | ||
| IWS - USVT | 95% Closely correlated | -0.40% | ||
| COWZ - USVT | 94% Closely correlated | -0.33% | ||
| VOE - USVT | 94% Closely correlated | -0.40% | ||
| SDY - USVT | 88% Closely correlated | -0.45% |