GIGB Goldman Sachs Acss Invmt Grd Corp Bd ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index (the "index")... Show more
GIGB's Indicator enters downward trend
The Aroon Indicator for GIGB entered a downward trend on June 03, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 247 similar instances where the Aroon Indicator formed such a pattern. In of the 247 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GIGB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GIGB 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on GIGB as a result. In of 81 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 GIGB just turned positive on May 28, 2025. Looking at past instances where GIGB's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
GIGB moved above its 50-day moving average on May 27, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for GIGB crossed bullishly above the 50-day moving average on May 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GIGB advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
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General Information
Category IntermediateTermBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| HRLCX | 9.00 | 0.04 | +0.45% |
| Hartford Real Asset C | |||
| RGLGX | 25.70 | -0.32 | -1.23% |
| American Funds Global Insight R-6 | |||
| NGDCX | 27.81 | -0.42 | -1.49% |
| Neuberger Berman Large Cap Growth C | |||
| WBSRX | 32.47 | -0.49 | -1.49% |
| William Blair Small Cap Growth R6 | |||
| FMDCX | 14.93 | -0.23 | -1.52% |
| Federated Hermes Mid-Cap Index Svc | |||
GIGB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GIGB has been closely correlated with SPBO. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if GIGB jumps, then SPBO could also see price increases.
| Ticker / NAME | Correlation To GIGB | 1D Price Change % | ||
|---|---|---|---|---|
| GIGB | 100% | -0.50% | ||
| SPBO - GIGB | 97% Closely correlated | -0.45% | ||
| USIG - GIGB | 97% Closely correlated | -0.45% | ||
| IGIB - GIGB | 96% Closely correlated | -0.40% | ||
| LQD - GIGB | 96% Closely correlated | -0.60% | ||
| VCIT - GIGB | 95% Closely correlated | -0.43% | ||
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