Momentum Indicator for AR.X turns negative, indicating new downward trend
AR.X saw its Momentum Indicator move below the 0 level on September 24, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned negative. In of the 89 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AR.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AR.X broke above its upper Bollinger Band on September 15, 2023. 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.
The Aroon Indicator for AR.X entered a downward trend on September 14, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AR.X's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 54 cases where AR.X's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AR.X just turned positive on August 30, 2023. Looking at past instances where AR.X's MACD turned positive, the stock continued to rise in of 37 cases 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 AR.X advanced for three days, in of 242 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| FTQI | 18.87 | 0.01 | +0.05% |
| First Trust Nasdaq BuyWrite Income ETF | |||
| CORP | 91.12 | -0.09 | -0.10% |
| PIMCO Investment Grade Corporate Bd ETF | |||
| RECS | 25.13 | -0.06 | -0.25% |
| Columbia Research Enhanced Core ETF | |||
| VTI | 212.41 | -0.62 | -0.29% |
| Vanguard Total Stock Market ETF | |||
| PSCM | 64.28 | -0.55 | -0.85% |
| Invesco S&P SmallCap Materials ETF | |||
AR.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, AR.X has been closely correlated with SAND.X. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if AR.X jumps, then SAND.X could also see price increases.
| Ticker / NAME | Correlation To AR.X | 1D Price Change % | ||
|---|---|---|---|---|
| AR.X | 100% | +0.31% | ||
| SAND.X - AR.X | 81% Closely correlated | +3.18% | ||
| ONE.X - AR.X | 81% Closely correlated | +0.33% | ||
| DOT.X - AR.X | 81% Closely correlated | +0.06% | ||
| ALICE.X - AR.X | 80% Closely correlated | +1.14% | ||
| CHZ.X - AR.X | 80% Closely correlated | +1.87% | ||
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