+Compare
VEGI
ETF ticker: NYSE ARCA
AS OF
Loading...
Price
Loading...
Change
Loading...
Net Assets
168.74M

VEGI iShares MSCI Agriculture Producers ETF Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for VEGI with price predictions
07:00 PM EST Nov 29, 2023

VEGI's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for VEGI turned positive on November 02, 2023. Looking at past instances where VEGI's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where VEGI's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VEGI advanced for three days, in of 349 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 November 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on VEGI as a result. In of 74 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 VEGI 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 VEGI entered a downward trend on November 03, 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)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Deere & Company (NYSE:DE), Archer Daniels Midland Company (NYSE:ADM), CF Industries Holding (NYSE:CF), Mosaic Company (The) (NYSE:MOS), Cal-Maine Foods (NASDAQ:CALM), Canopy Growth Corp (NASDAQ:CGC).

Industry description

The investment seeks to track the investment results of the MSCI ACWI Select Agriculture Producers Investable Market Index (IMI). The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index measures the combined performance of equity securities of companies in both developed and emerging markets that are primarily engaged in the business of agriculture. The fund is non-diversified.

Market Cap

The average market capitalization across the iShares MSCI Agriculture Producers ETF ETF is 13.01B. The market cap for tickers in the group ranges from 15.79M to 104.32B. DE holds the highest valuation in this group at 104.32B. The lowest valued company is SALM at 15.79M.

High and low price notable news

The average weekly price growth across all stocks in the iShares MSCI Agriculture Producers ETF ETF was -1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was -4%. IPI experienced the highest price growth at 7%, while RSI experienced the biggest fall at -7%.

Volume

The average weekly volume growth across all stocks in the iShares MSCI Agriculture Producers ETF ETF was -42%. For the same stocks of the ETF, the average monthly volume growth was -61% and the average quarterly volume growth was -40%

Fundamental Analysis Ratings

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

Valuation Rating: 57
P/E Growth Rating: 61
Price Growth Rating: 57
SMR Rating: 60
Profit Risk Rating: 67
Seasonality Score: -8 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published General Information

General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
iShares, Inc.400 Howard StreetSan Francisco
Phone
N/A
Web
www.ishares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
VFAIX43.15N/A
N/A
Vanguard Financials Index Admiral
FMIQX15.42N/A
N/A
FMI Large Cap Institutional
SCAYX9.84N/A
N/A
Invesco Income Advantage U.S. Fund Y
KTRCX9.05N/A
N/A
DWS Global Income Builder C
MSURX7.66N/A
N/A
Morgan Stanley Inst US Real Estate C

VEGI and

Correlation & Price change

A.I.dvisor indicates that over the last year, VEGI has been closely correlated with GUNR. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if VEGI jumps, then GUNR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VEGI
1D Price
Change %
VEGI100%
-0.08%
GUNR - VEGI
80%
Closely correlated
-0.07%
GNR - VEGI
80%
Closely correlated
+0.16%
VAW - VEGI
75%
Closely correlated
+1.02%
XLB - VEGI
74%
Closely correlated
+0.96%
LIT - VEGI
57%
Loosely correlated
-0.63%
More