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EVNT
ETF ticker: NYSE ARCA
AS OF
Jul 1 closing price
Price
$11.47
Change
-$0.01 (-0.09%)
Net Assets
5.4M

EVNT stock forecast, quote, news & analysis

The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market... Show more

Category: #Trading
EVNT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for EVNT with price predictions
Jul 03, 2025

Momentum Indicator for EVNT turns positive, indicating new upward trend

EVNT saw its Momentum Indicator move above the 0 level on June 03, 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 62 similar instances where the indicator turned positive. In of the 62 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for EVNT just turned positive on June 27, 2025. Looking at past instances where EVNT's MACD turned positive, the stock continued to rise in of 35 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 137 cases where EVNT 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 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

EVNT broke above its upper Bollinger Band on June 27, 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.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Boeing Company (NYSE:BA), Uber Technologies (NYSE:UBER), Hess Corp (NYSE:HES), United Airlines Holdings (NASDAQ:UAL), EQT Corp (NYSE:EQT), United States Steel Corp (null:X), Juniper Networks (NYSE:JNPR), Paramount Global (NASDAQ:PARA), Intra-Cellular Therapies (NASDAQ:ITCI), VF Corp (NYSE:VFC).

Industry description

The investment seeks to achieve capital appreciation over a full market cycle with lower volatility than the broad equity market. To pursue the fund's investment objective, the adviser employs a "long/short" event-driven strategy, which seeks to profit by investing, long and/or short, in the equity and debt securities of companies whose prices Water Island Capital, LLC (the "adviser") believes are or will be impacted by a publicly announced or anticipated corporate event. The adviser will hold a higher percentage of the fund's assets in long positions. The fund is non-diversified.

Market Cap

The average market capitalization across the AltShares Event-Driven ETF ETF is 39.06B. The market cap for tickers in the group ranges from 370.07M to 162.8B. BA holds the highest valuation in this group at 162.8B. The lowest valued company is LGTY at 370.07M.

High and low price notable news

The average weekly price growth across all stocks in the AltShares Event-Driven ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 8%. VFC experienced the highest price growth at 8%, while EQT experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the AltShares Event-Driven ETF ETF was -29%. For the same stocks of the ETF, the average monthly volume growth was -30% and the average quarterly volume growth was -36%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 64
P/E Growth Rating: 54
Price Growth Rating: 44
SMR Rating: 71
Profit Risk Rating: 69
Seasonality Score: 26 (-100 ... +100)
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EVNT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Event Driven
Address
wicShares Trust41 Madison Avenue, 42nd Floor, New York, New York 10010
Phone
800-560-8210
Web
N/A