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WEAT
ETF ticker: NYSE ARCA
AS OF
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Price
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Net Assets
203.11M

WEAT Price Prediction, Teucrium Wheat ETF AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for WEAT with price predictions
08:00 PM EDT Sep 21, 2023

WEAT's RSI Indicator ascending out of oversold territory

The RSI Oscillator for WEAT moved out of oversold territory on August 18, 2023. 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 30 similar instances when the indicator left oversold territory. In of the 30 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

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.

The Moving Average Convergence Divergence (MACD) for WEAT just turned positive on September 13, 2023. Looking at past instances where WEAT'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WEAT advanced for three days, in of 239 cases, the price rose further within the following month. The odds of a continued upward trend are .

WEAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WEAT 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 WEAT entered a downward trend on September 21, 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

Industry description

The investment seeks to have the daily changes in the Shares’ NAV reflect the daily changes of the price of wheat for future delivery, as measured by the Teucrium Wheat Index. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts. Under normal market conditions, the manager expects that 100% of the fund’s assets will be invested in benchmark component futures contracts and in cash and cash equivalents.
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category CommoditiesBroadBasket

Profile
Fundamentals
Details
Category
Commodities Focused
Address
232 Hidden Lake RoadBuilding ABrattleboro
Phone
802-257-1617
Web
www.teucriumcornfund.com
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WEAT and

Correlation & Price change

A.I.dvisor tells us that WEAT and SLV have been poorly correlated (+8% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that WEAT and SLV's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEAT
1D Price
Change %
WEAT100%
+0.87%
SLV - WEAT
8%
Poorly correlated
+0.65%
IAU - WEAT
4%
Poorly correlated
+0.33%
GLD - WEAT
4%
Poorly correlated
+0.32%
GLDM - WEAT
4%
Poorly correlated
+0.34%
PHYS - WEAT
4%
Poorly correlated
+0.33%