WOOD iShares Global Timber & Forestry ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the S&P Global Timber & Forestry IndexTM composed of global equities in or related to the timber and forestry industry... Show more
WOOD sees its Stochastic Oscillator climbs out of oversold territory
On May 08, 2025, the Stochastic Oscillator for WOOD moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 51 instances where the indicator left the oversold zone. In of the 51 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WOOD's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 08, 2025. You may want to consider a long position or call options on WOOD as a result. In of 82 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 WOOD just turned positive on April 17, 2025. Looking at past instances where WOOD's MACD turned positive, the stock continued to rise in of 44 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 WOOD advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .
WOOD 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 WOOD 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 WOOD entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| WPGTX | 17.54 | N/A | N/A |
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| BAFGX | 16.96 | N/A | N/A |
| Brown Advisory Growth Equity Inst | |||
| IEMGX | 10.02 | N/A | N/A |
| Voya Multi-Manager Emerging Markets Eq I | |||
| WASYX | 22.13 | -0.03 | -0.14% |
| Macquarie Asset Strategy Fund Cl Y | |||
| CSJAX | 67.07 | -0.39 | -0.58% |
| Cohen & Steers Realty Shares A | |||
WOOD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WOOD has been closely correlated with CUT. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if WOOD jumps, then CUT could also see price increases.
| Ticker / NAME | Correlation To WOOD | 1D Price Change % | ||
|---|---|---|---|---|
| WOOD | 100% | +1.42% | ||
| CUT - WOOD | 89% Closely correlated | +1.70% | ||
| GNR - WOOD | 73% Closely correlated | +0.12% | ||
| VAW - WOOD | 73% Closely correlated | +1.39% | ||
| GUNR - WOOD | 70% Closely correlated | +0.08% | ||
| XLB - WOOD | 70% Closely correlated | +1.33% | ||
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