WOOD iShares Global Timber & Forestry ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the S&P Global Timber & Forestry IndexTM composed of global equities in or related to the timber and forestry industry... Show more
WOOD in upward trend: 10-day moving average moved above 50-day moving average on July 02, 2025
The 10-day moving average for WOOD crossed bullishly above the 50-day moving average on July 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 22 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on WOOD as a result. In of 80 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 WOOD just turned positive on June 30, 2025. Looking at past instances where WOOD'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 .
WOOD moved above its 50-day moving average on June 26, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WOOD advanced for three days, in of 309 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 232 cases where WOOD 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 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.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WOOD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
WOOD broke above its upper Bollinger Band on July 02, 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 NaturalResources
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| WIMVX | 12.09 | 0.10 | +0.83% |
| Segall Bryant & Hamill Glb All Cp Inst | |||
| FLUIX | 28.88 | 0.19 | +0.66% |
| Fidelity Advisor Stk Selec Lg Cp Val I | |||
| DOPIX | 32.69 | 0.17 | +0.52% |
| BNY Mellon Opportunistic Small Cap I | |||
| TEGRX | 29.54 | 0.13 | +0.44% |
| Templeton Growth R | |||
| FEBIX | 14.79 | 0.03 | +0.20% |
| First Eagle Global Income Builder I | |||
WOOD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WOOD has been closely correlated with CUT. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if WOOD jumps, then CUT could also see price increases.
| Ticker / NAME | Correlation To WOOD | 1D Price Change % | ||
|---|---|---|---|---|
| WOOD | 100% | +0.25% | ||
| CUT - WOOD | 90% Closely correlated | -0.31% | ||
| GNR - WOOD | 73% Closely correlated | -0.21% | ||
| VAW - WOOD | 72% Closely correlated | +0.14% | ||
| GUNR - WOOD | 70% Closely correlated | +0.05% | ||
| XLB - WOOD | 69% Closely correlated | -0.07% | ||
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