Score 9.2 (out of 10): ISHARES S&P 500 GROWTH ETF sets up for 4.5% rally in 2 months

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Insight:

ISHARES S&P 500 GROWTH ETF has triggered a new volatility signal (1 month). During similar occasions, ISHARES S&P 500 GROWTH ETF shares had a median return of +4.5%, over the following 2 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for ISHARES S&P 500 GROWTH ETF received a high score of 9.2 (out of 10). This insight was generated on 2021-November-4 with last price of 81.52. ISHARES S&P 500 GROWTH ETF is in the Growth-Large Cap business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: IVW US.

Details:

NameISHARES S&P 500 GROWTH ETF
ViewUp
Star (1 to 10)9.2
Target+4.5%
Time2 months
Hit Rate90%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

2.8% (August-2021), 8.9% (June-2021), 6.7% (December-2020), 6.8% (November-2019), -1.5% (July-2019), 3.5% (May- 2019), 4.3% (March-2019), 4.8% (October-2017), 2.9% (August-2017), 6.5% (January-2017).

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