CTEC Stock Global X CleanTech ETF (CTEC, $5.76) entered Uptrend as Momentum indicator ascends above 0 level on Apr 22, 2025

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CTEC - Global X CleanTech ETF

Momentum signal

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Odds of UP Trend

Price: $5.76

Daily change: +$0.2 (+3.6%)

Daily volume: 9.1K

Net Assets: $17.7M

CTEC in upward trend: price may jump up because it broke its lower Bollinger Band on April 04, 2025

CTEC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 39 cases where CTEC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CTEC's RSI Oscillator exited the oversold zone, of 36 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 April 22, 2025. You may want to consider a long position or call options on CTEC as a result. In of 78 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 CTEC just turned positive on April 17, 2025. Looking at past instances where CTEC's MACD turned positive, the stock continued to rise in of 42 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 251 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 4 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 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 .

The Aroon Indicator for CTEC entered a downward trend on April 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.