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 in upward trend: 10-day moving average moved above 50-day moving average on May 20, 2025
The 10-day moving average for WOOD crossed bullishly above the 50-day moving average on May 20, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WOOD advanced for three days, in of 310 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.
The Aroon Indicator entered an Uptrend today. In of 239 cases where WOOD 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 June 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WOOD as a result. In of 80 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 WOOD turned negative on June 13, 2025. 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
WOOD moved below its 50-day moving average on June 17, 2025 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 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 .
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General Information
Category NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
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| Manning & Napier Callodine Equity Inc S | |||
| ITCSX | 29.36 | -0.03 | -0.10% |
| VY® T. Rowe Price Capital Apprec S | |||
| MFMPX | 16.02 | -0.10 | -0.62% |
| Morgan Stanley Inst Next Gen Em Mkts 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% | +0.33% | ||
| CUT - WOOD | 89% Closely correlated | +0.62% | ||
| GNR - WOOD | 73% Closely correlated | -0.18% | ||
| VAW - WOOD | 73% Closely correlated | +0.32% | ||
| GUNR - WOOD | 70% Closely correlated | -0.56% | ||
| XLB - WOOD | 70% Closely correlated | N/A | ||
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