CNRG Price Prediction, SPDR® Kensho Clean Power ETF AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
Momentum Indicator for CNRG turns positive, indicating new upward trend
CNRG saw its Momentum Indicator move above the 0 level on June 01, 2023. 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 76 similar instances where the indicator turned positive. In of the 76 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where CNRG'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 CNRG just turned positive on May 12, 2023. Looking at past instances where CNRG's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
CNRG moved above its 50-day moving average on June 02, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CNRG advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CNRG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CNRG entered a downward trend on May 15, 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.
Fundamental Analysis (Ratings)
Notable companies
Industry description
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
General Information
Category Energy
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AICRX | 29.76 | 0.59 | +2.02% |
| American Century Discplnd Cor Val R | |||
| EMBOX | 10.69 | 0.19 | +1.81% |
| Lazard Emerging Markets Strat Eq Open | |||
| VFTAX | 40.22 | 0.52 | +1.31% |
| Vanguard FTSE Social Index Admiral | |||
| ILGHX | 15.82 | 0.19 | +1.22% |
| Columbia Integrated Large Cap Gr Ins 2 | |||
| JVIAX | 25.65 | N/A | N/A |
| Virtus Vontobel Foreign Opportunities A | |||
CNRG and
Correlation & Price change
A.I.dvisor indicates that over the last year, CNRG has been loosely correlated with XOP. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if CNRG jumps, then XOP could also see price increases.
| Ticker / NAME | Correlation To CNRG | 1D Price Change % | ||
|---|---|---|---|---|
| CNRG | 100% | +1.73% | ||
| XOP - CNRG | 45% Loosely correlated | +4.11% | ||
| OIH - CNRG | 42% Loosely correlated | +5.12% | ||
| IXC - CNRG | 41% Loosely correlated | +2.71% | ||
| IYE - CNRG | 40% Loosely correlated | +2.86% | ||
| VDE - CNRG | 40% Loosely correlated | +3.12% | ||
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