WTRE WisdomTree New Economy Real Estate ETF Forecast, Technical & Fundamental Analysis
a holding company whose subsidiaries provide property and casualty insurance & reinsurance services
WTRE in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 18, 2024
WTRE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 49 cases where WTRE's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where WTRE's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Moving Average Convergence Divergence (MACD) for WTRE just turned positive on January 03, 2025. Looking at past instances where WTRE'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 WTRE advanced for three days, in of 302 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WTRE as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WTRE 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 WTRE entered a downward trend on December 31, 2024. 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
a holding company whose subsidiaries provide property and casualty insurance & reinsurance services
Category GlobalRealEstate
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WTRE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WTRE has been closely correlated with DFGR. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if WTRE jumps, then DFGR could also see price increases.
| Ticker / NAME | Correlation To WTRE | 1D Price Change % | ||
|---|---|---|---|---|
| WTRE | 100% | +0.83% | ||
| DFGR - WTRE | 95% Closely correlated | +0.76% | ||
| IFGL - WTRE | 81% Closely correlated | +0.59% | ||
| HAUZ - WTRE | 1% Poorly correlated | +0.47% | ||
| VNQI - WTRE | 0% Poorly correlated | +0.60% | ||
| REET - WTRE | -4% Poorly correlated | +0.73% | ||
More | ||||