Aroon Indicator for BUYW shows an upward move is likely
BUYW's Aroon Indicator triggered a bullish signal on December 23, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 209 similar instances where the Aroon Indicator showed a similar pattern. In of the 209 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on BUYW as a result. In of 51 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 BUYW just turned positive on January 06, 2025. Looking at past instances where BUYW's MACD turned positive, the stock continued to rise in of 22 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 BUYW advanced for three days, in of 112 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 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 BUYW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Trading
BUYW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BUYW has been loosely correlated with JEPQ. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if BUYW jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To BUYW | 1D Price Change % | ||
|---|---|---|---|---|
| BUYW | 100% | +0.36% | ||
| JEPQ - BUYW | 56% Loosely correlated | +0.51% | ||
| JEPI - BUYW | 53% Loosely correlated | +0.77% | ||
| QYLD - BUYW | 51% Loosely correlated | -0.65% | ||
| OARK - BUYW | 50% Loosely correlated | +2.10% | ||
| DIVO - BUYW | 45% Loosely correlated | +0.58% | ||
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