AVK Advent Convertible and Income Fund Forecast, Technical & Fundamental Analysis
Advent Convertible & Income Fund is a diversified, closed-end management investment company... Show more
AVK's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for AVK turned positive on June 09, 2025. Looking at past instances where AVK's MACD turned positive, the stock continued to rise in of 47 cases 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 June 05, 2025. You may want to consider a long position or call options on AVK as a result. In of 70 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 AVK advanced for three days, in of 374 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 308 cases where AVK 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 5 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 7 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 AVK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AVK broke above its upper Bollinger Band on June 12, 2025. 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.
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General Information
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AVK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AVK has been closely correlated with CWB. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if AVK jumps, then CWB could also see price increases.
| Ticker / NAME | Correlation To AVK | 1D Price Change % | ||
|---|---|---|---|---|
| AVK | 100% | -0.61% | ||
| CWB - AVK | 66% Closely correlated | -0.71% | ||
| CVRT - AVK | 66% Loosely correlated | -1.04% | ||
| QCON - AVK | 66% Loosely correlated | -0.57% | ||
| NCV - AVK | 66% Loosely correlated | -0.66% | ||
| ICVT - AVK | 65% Loosely correlated | -0.58% | ||
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