VO's RSI Oscillator ascends from oversold territory
The RSI Oscillator for VO moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In of the 25 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VO advanced for three days, in of 369 cases, the price rose further within the following month. The odds of a continued upward trend are .
VO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 342 cases where VO 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 Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on VO as a result. In of 87 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 VO turned negative on December 06, 2024. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
VO moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category MidCapBlend
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| DVOL | 34.01 | 0.38 | +1.13% |
| FirstTrustDorseyWrightMomt&LwVolatil ETF | |||
| PFFL | 9.30 | 0.08 | +0.87% |
| ETRACS 2xMonthly Pay Lvrgd Pref Stk ETN | |||
| UEVM | 47.47 | 0.24 | +0.50% |
| VictoryShares Emerging Mkts Val MomtETF | |||
| LGOV | 20.90 | 0.07 | +0.34% |
| First Trust Long Duration Opp ETF | |||
| VUSB | 49.73 | 0.04 | +0.08% |
| Vanguard Ultra-Short Bond ETF | |||
VO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, VO has been closely correlated with IWR. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if VO jumps, then IWR could also see price increases.