Worried about next downturn? U.S. credit funds may offer early clues - Reuters

It seemed like an opportunity a lender would not want to miss. The loan paid 10.25 percent interest which would go up if a benchmark rose. The borrower was Trident USA Health Services, a growing company which provided bedside medical testing in nursing and assisted living centers.

CRED in upward trend: price rose above 50-day moving average on May 13, 2024

CRED moved above its 50-day moving average on May 13, 2024 date and that indicates a change from a downward trend to an upward trend. In of 9 similar past instances, the stock price increased further within 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 April 29, 2024. You may want to consider a long position or call options on CRED as a result. In of 17 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 CRED just turned positive on April 26, 2024. Looking at past instances where CRED's MACD turned positive, the stock continued to rise in of 6 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for CRED crossed bullishly above the 50-day moving average on May 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRED advanced for three days, in of 83 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 61 cases where CRED 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 10-day RSI Indicator for CRED moved out of overbought territory on May 17, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 4 similar instances where the indicator moved out of overbought territory. In of the 4 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 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 CRED declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CRED broke above its upper Bollinger Band on May 15, 2024. 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.

Fundamental Analysis (Ratings)

Notable companies

The most notable companies in this group are American Tower Corp (NYSE:AMT), Simon Property Group (NYSE:SPG), Tanger (NYSE:SKT).

Industry description

The investment seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage® Lionstone Research Enhanced REIT Index (the index). The fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in the component securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the FTSE Nareit All Equity REITs Index (the Starting Universe), which is a broad measure of the performance of publicly listed U.S. real estate investment trusts (REITs). The fund is non-diversified.

Market Cap

The average market capitalization across the Columbia Research Enhanced Rl Estt ETF ETF is 10.36B. The market cap for tickers in the group ranges from 95.56M to 90.01B. AMT holds the highest valuation in this group at 90.01B. The lowest valued company is OPI at 95.56M.

High and low price notable news

The average weekly price growth across all stocks in the Columbia Research Enhanced Rl Estt ETF ETF was 5%. For the same ETF, the average monthly price growth was 27%, and the average quarterly price growth was 80%. EQIX experienced the highest price growth at 6%, while UNIT experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Columbia Research Enhanced Rl Estt ETF ETF was 11%. For the same stocks of the ETF, the average monthly volume growth was -4% and the average quarterly volume growth was -7%