AMNA ETRACS Alerian Midstream Energy Index ETN Forecast, Technical & Fundamental Analysis
Momentum Indicator for AMNA turns positive, indicating new upward trend
AMNA saw its Momentum Indicator move above the 0 level on December 26, 2024. 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 70 similar instances where the indicator turned positive. In of the 70 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Aroon Indicator for AMNA entered a downward trend on January 08, 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
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AMNA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AMNA has been closely correlated with AMTR. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if AMNA jumps, then AMTR could also see price increases.
| Ticker / NAME | Correlation To AMNA | 1D Price Change % | ||
|---|---|---|---|---|
| AMNA | 100% | N/A | ||
| AMTR - AMNA | 97% Closely correlated | N/A | ||
| MLPX - AMNA | 97% Closely correlated | +0.61% | ||
| AMND - AMNA | 97% Closely correlated | N/A | ||
| UMI - AMNA | 94% Closely correlated | +0.63% | ||
| USAI - AMNA | 93% Closely correlated | +0.74% | ||
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