ERC Allspring Multi-Sector Income Fund Forecast, Technical & Fundamental Analysis
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Aroon Indicator for ERC shows an upward move is likely
ERC's Aroon Indicator triggered a bullish signal on June 13, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 311 similar instances where the Aroon Indicator showed a similar pattern. In of the 311 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 29, 2025. You may want to consider a long position or call options on ERC as a result. In of 71 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ERC just turned positive on June 02, 2025. Looking at past instances where ERC's MACD turned positive, the stock continued to rise in of 41 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 ERC advanced for three days, in of 372 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 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 ERC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| STMGX | 31.71 | -0.35 | -1.09% |
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| NBSTX | 49.81 | -0.63 | -1.25% |
| Neuberger Berman Sustainable Equity Tr | |||
| ONERX | 45.52 | -0.63 | -1.37% |
| One Rock | |||
| JAGTX | 65.40 | -1.11 | -1.67% |
| Janus Henderson Glb Tech and Innovt T | |||
| RSIFX | 26.83 | -0.49 | -1.79% |
| Victory RS Science and Technology A | |||
ERC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ERC has been closely correlated with PDI. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if ERC jumps, then PDI could also see price increases.
| Ticker / NAME | Correlation To ERC | 1D Price Change % | ||
|---|---|---|---|---|
| ERC | 100% | +0.05% | ||
| PDI - ERC | 67% Closely correlated | -0.43% | ||
| BINC - ERC | 59% Loosely correlated | -0.17% | ||
| CGMS - ERC | 46% Loosely correlated | -0.33% | ||
| JPIE - ERC | 41% Loosely correlated | -0.09% | ||
| PYLD - ERC | 31% Poorly correlated | -0.34% |