WTV in -1.23% downward trend, falling for three consecutive days on December 17, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where WTV declined for three days, in of 276 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on WTV as a result. In of 74 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 WTV turned negative on December 04, 2024. 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for WTV's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WTV advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .
WTV 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 342 cases where WTV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category MidCapValue
WTV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WTV has been closely correlated with IWS. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if WTV jumps, then IWS could also see price increases.
| Ticker / NAME | Correlation To WTV | 1D Price Change % | ||
|---|---|---|---|---|
| WTV | 100% | -0.86% | ||
| IWS - WTV | 93% Closely correlated | -1.33% | ||
| IJJ - WTV | 92% Closely correlated | -1.29% | ||
| COWZ - WTV | 91% Closely correlated | -0.58% | ||
| VOE - WTV | 91% Closely correlated | -0.80% | ||
| CAMX - WTV | 88% Closely correlated | N/A | ||
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