XRLV Invesco S&P 500® ex-Rate Snsv LowVol ETF Forecast, Technical & Fundamental Analysis
XRLV in upward trend: 10-day moving average crossed above 50-day moving average on November 10, 2023
The 10-day moving average for XRLV crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on XRLV as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
XRLV moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XRLV advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 402 cases where XRLV 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XRLV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XRLV broke above its upper Bollinger Band on November 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| LGOQX | 16.64 | 0.10 | +0.60% |
| Lord Abbett Growth Opportunities R2 | |||
| DSGEX | 8.26 | 0.01 | +0.12% |
| Delaware Small Cap Growth C | |||
| BGSRX | 48.46 | 0.03 | +0.06% |
| BlackRock Technology Opportunities R | |||
| FSQAX | 8.52 | N/A | N/A |
| Fidelity Advisor® Sustainable Intl Eq A | |||
| JGISX | 64.68 | -0.05 | -0.08% |
| JPMorgan U.S. GARP Equity R6 | |||
XRLV and
Correlation & Price change
A.I.dvisor tells us that XRLV and SPY have been poorly correlated (+3% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that XRLV and SPY's prices will move in lockstep.
| Ticker / NAME | Correlation To XRLV | 1D Price Change % | ||
|---|---|---|---|---|
| XRLV | 100% | -0.24% | ||
| SPY - XRLV | 3% Poorly correlated | -0.18% | ||
| VOO - XRLV | 3% Poorly correlated | -0.17% | ||
| VTI - XRLV | 2% Poorly correlated | -0.13% | ||
| IVV - XRLV | 2% Poorly correlated | -0.19% | ||
| VIG - XRLV | 1% Poorly correlated | -0.30% |