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 .
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.
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.
|MFs / NAME||Price $||Chg $||Chg %|
|Martin Currie Emerging Markets FI|
|JPMorgan Mid Cap Growth R2|
|BNY Mellon Select Managers Sm Cp Gr I|
|First Eagle Global Income Builder R4|
|Hennessy Large Cap Financial Investor|
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.