CLNR NYLI Cleaner Transport ETF Forecast, Technical & Fundamental Analysis

CLNR's Stochastic Oscillator is remaining in oversold zone for 11 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CLNR's RSI Indicator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on CLNR 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 CLNR just turned positive on December 30, 2024. Looking at past instances where CLNR'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 .

Bearish Trend Analysis

The 50-day moving average for CLNR moved below the 200-day moving average on December 27, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.