EAD in downward trend: price may decline as a result of having broken its higher Bollinger Band on February 19, 2025
EAD broke above its upper Bollinger Band on February 19, 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. The A.I.dvisor looked at 50 similar instances where the stock broke above the upper band. In of the 50 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EAD moved out of overbought territory on January 28, 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 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where EAD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for EAD turned negative on February 07, 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 18, 2025. You may want to consider a long position or call options on EAD as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 393 cases where EAD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Unknown
EAD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EAD has been closely correlated with HYLB. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if EAD jumps, then HYLB could also see price increases.
| Ticker / NAME | Correlation To EAD | 1D Price Change % | ||
|---|---|---|---|---|
| EAD | 100% | -0.14% | ||
| HYLB - EAD | 75% Closely correlated | -0.23% | ||
| SJNK - EAD | 71% Closely correlated | -0.27% | ||
| SHYG - EAD | 51% Loosely correlated | -0.24% | ||
| USHY - EAD | 51% Loosely correlated | -0.24% | ||
| SPHY - EAD | 49% Loosely correlated | -0.14% | ||
More | ||||