SHOC Strive U.S. Semiconductor ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the total return performance, before fees and expenses, of the Bloomberg US Listed Semiconductors Select Index composed of U... Show more
SHOC's RSI Oscillator ascending out of oversold territory
The RSI Oscillator for SHOC moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 13 similar instances when the indicator left oversold territory. In of the 13 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SHOC just turned positive on April 14, 2025. Looking at past instances where SHOC's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .
SHOC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 37 cases where SHOC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SHOC as a result. In of 37 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHOC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SHOC entered a downward trend on April 16, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Technology
SHOC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHOC has been closely correlated with FTEC. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHOC jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To SHOC | 1D Price Change % | ||
|---|---|---|---|---|
| SHOC | 100% | -0.99% | ||
| FTEC - SHOC | 94% Closely correlated | -0.56% | ||
| SMH - SHOC | 92% Closely correlated | -0.94% | ||
| SOXX - SHOC | 91% Closely correlated | N/A | ||
| VGT - SHOC | 82% Closely correlated | -0.44% | ||
| IYW - SHOC | 80% Closely correlated | -0.61% | ||
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