EWQ's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for EWQ turned positive on January 06, 2025. Looking at past instances where EWQ's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on EWQ as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 EWQ advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EWQ 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 EWQ entered a downward trend on January 08, 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.
General Information
Category Miscellaneous
EWQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EWQ has been closely correlated with EWU. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if EWQ jumps, then EWU could also see price increases.