MIG VanEck IG Corporate ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody's Analytics® US Investment Grade Corporate Bond Index... Show more
MIG's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for MIG turned positive on June 10, 2025. Looking at past instances where MIG's MACD turned positive, the stock continued to rise in of 40 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 10, 2025. You may want to consider a long position or call options on MIG 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 Aroon Indicator entered an Uptrend today. In of 267 cases where MIG 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 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
MIG broke above its upper Bollinger Band on June 10, 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 IntermediateTermBond
MIG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MIG 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 MIG jumps, then SPBO could also see price increases.
| Ticker / NAME | Correlation To MIG | 1D Price Change % | ||
|---|---|---|---|---|
| MIG | 100% | N/A | ||
| SPBO - MIG | 97% Closely correlated | -0.14% | ||
| SCHI - MIG | 94% Closely correlated | -0.13% | ||
| USIG - MIG | 7% Poorly correlated | -0.12% | ||
| LQD - MIG | 6% Poorly correlated | -0.16% | ||
| IGIB - MIG | 5% Poorly correlated | -0.13% | ||
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