VRIG Invesco Variable Rate Investment Grd ETF Forecast, Technical & Fundamental Analysis
The investment seeks to generate current income while maintaining low portfolio duration as a primary objective and capital appreciation as a secondary objective... Show more
VRIG in upward trend: 10-day moving average moved above 50-day moving average on April 28, 2025
The 10-day moving average for VRIG crossed bullishly above the 50-day moving average on April 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on VRIG as a result. In of 53 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 VRIG just turned positive on April 23, 2025. Looking at past instances where VRIG's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
VRIG moved above its 50-day moving average on April 22, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VRIG advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .
VRIG 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 776 cases where VRIG 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
General Information
Category UltrashortBond
VRIG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, VRIG has been loosely correlated with JAAA. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if VRIG jumps, then JAAA could also see price increases.
| Ticker / NAME | Correlation To VRIG | 1D Price Change % | ||
|---|---|---|---|---|
| VRIG | 100% | +0.04% | ||
| JAAA - VRIG | 56% Loosely correlated | +0.10% | ||
| FLOT - VRIG | 56% Loosely correlated | +0.02% | ||
| ICLO - VRIG | 22% Poorly correlated | N/A | ||
| JPST - VRIG | 18% Poorly correlated | +0.02% | ||
| SGOV - VRIG | 17% Poorly correlated | +0.01% | ||
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