CTEC Global X CleanTech ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index... Show more
Aroon Indicator for CTEC shows an upward move is likely
CTEC's Aroon Indicator triggered a bullish signal on October 14, 2025. 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 194 similar instances where the Aroon Indicator showed a similar pattern. In of the 194 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 Moving Average Convergence Divergence (MACD) for CTEC just turned positive on September 12, 2025. Looking at past instances where CTEC's MACD turned positive, the stock continued to rise in of 48 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 CTEC advanced for three days, in of 288 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CTEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CTEC broke above its upper Bollinger Band on October 03, 2025. 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.
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General Information
Category WorldStock
CTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CTEC has been closely correlated with ICLN. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if CTEC jumps, then ICLN could also see price increases.
| Ticker / NAME | Correlation To CTEC | 1D Price Change % | ||
|---|---|---|---|---|
| CTEC | 100% | +1.36% | ||
| ICLN - CTEC | 93% Closely correlated | +0.31% | ||
| TAN - CTEC | 93% Closely correlated | +1.23% | ||
| QCLN - CTEC | 89% Closely correlated | +1.29% | ||
| PBD - CTEC | 88% Closely correlated | +0.46% | ||
| XT - CTEC | 80% Closely correlated | -0.73% | ||
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