CEF in -2.44% downward trend, falling for three consecutive days on February 28, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CEF declined for three days, in of 265 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for CEF moved out of overbought territory on February 21, 2025. 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on February 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CEF as a result. In of 96 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CEF turned negative on February 25, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
CEF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 263 cases where CEF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
an operator of closed-end investment fund/investment trust
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CEF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CEF has been closely correlated with GLDM. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if CEF jumps, then GLDM could also see price increases.
| Ticker / NAME | Correlation To CEF | 1D Price Change % | ||
|---|---|---|---|---|
| CEF | 100% | -0.65% | ||
| GLDM - CEF | 95% Closely correlated | -0.65% | ||
| PHYS - CEF | 93% Closely correlated | -0.94% | ||
| IAU - CEF | 12% Poorly correlated | -0.61% | ||
| SLV - CEF | 11% Poorly correlated | -0.32% | ||
| GLD - CEF | 11% Poorly correlated | -0.63% |