CVY Invesco Zacks Multi-Asset Income ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results (before fees and expenses) of the Zacks Multi-Asset Income Index (the "underlying index")... Show more
Momentum Indicator for CVY turns positive, indicating new upward trend
CVY saw its Momentum Indicator move above the 0 level on June 05, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 75 similar instances where the indicator turned positive. In of the 75 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CVY just turned positive on July 01, 2025. Looking at past instances where CVY's MACD turned positive, the stock continued to rise in of 46 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 CVY advanced for three days, in of 341 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 310 cases where CVY 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 4 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 6 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 CVY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CVY broke above its upper Bollinger Band on June 30, 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
Category AggressiveAllocation
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| HTCIX | 26.00 | 0.35 | +1.36% |
| Hennessy Technology Institutional | |||
| POLIX | 48.71 | 0.60 | +1.25% |
| Polen Growth Institutional | |||
| HDSIX | 22.16 | 0.20 | +0.91% |
| Hodges Small Cap Institutional | |||
| JSCHX | 33.20 | 0.24 | +0.73% |
| JPMorgan Small Cap Blend R6 | |||
| GCVTX | 24.34 | 0.15 | +0.62% |
| Goldman Sachs Large Cp Val Insghts Inv | |||
CVY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CVY has been closely correlated with MDIV. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if CVY jumps, then MDIV could also see price increases.
| Ticker / NAME | Correlation To CVY | 1D Price Change % | ||
|---|---|---|---|---|
| CVY | 100% | +0.22% | ||
| MDIV - CVY | 85% Closely correlated | -0.12% | ||
| HIPS - CVY | 84% Closely correlated | +0.11% | ||
| ALTY - CVY | 82% Closely correlated | +0.23% | ||
| NTSX - CVY | 76% Closely correlated | +0.32% |