RODM Hartford Multifactor Dev Mkts (exUS) ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Hartford Risk-Optimized Multifactor Developed Markets (ex-US) Index... Show more
Momentum Indicator for RODM turns positive, indicating new upward trend
RODM saw its Momentum Indicator move above the 0 level on June 24, 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 76 similar instances where the indicator turned positive. In of the 76 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 RODM just turned positive on June 30, 2025. Looking at past instances where RODM's MACD turned positive, the stock continued to rise in of 43 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 RODM advanced for three days, in of 336 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 323 cases where RODM 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 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 5 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 RODM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RODM broke above its upper Bollinger Band on June 26, 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 ForeignLargeValue
RODM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RODM has been closely correlated with EFV. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if RODM jumps, then EFV could also see price increases.
| Ticker / NAME | Correlation To RODM | 1D Price Change % | ||
|---|---|---|---|---|
| RODM | 100% | +0.01% | ||
| EFV - RODM | 96% Closely correlated | +0.09% | ||
| DFIV - RODM | 94% Closely correlated | +0.16% | ||
| FNDF - RODM | 94% Closely correlated | +0.17% | ||
| VYMI - RODM | 93% Closely correlated | +0.25% | ||
| IDV - RODM | 92% Closely correlated | +0.35% |