GDE WisdomTree Efcnt Gld Pls Eq Stgy ETF Forecast, Technical & Fundamental Analysis
GDE in downward trend: price may decline as a result of having broken its higher Bollinger Band on December 11, 2024
GDE broke above its upper Bollinger Band on December 11, 2024. 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 25 similar instances where the stock broke above the upper band. In of the 25 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for GDE turned negative on December 17, 2024. 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 22 similar instances when the indicator turned negative. In of the 22 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GDE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on December 10, 2024. You may want to consider a long position or call options on GDE as a result. In of 47 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
GDE moved above its 50-day moving average on November 18, 2024 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 GDE advanced for three days, in of 218 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 165 cases where GDE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FCNIX | 55.83 | 0.15 | +0.27% |
| Fidelity Advisor Consumer Discret I | |||
| WLIVX | 15.21 | 0.03 | +0.20% |
| WCM Focused International Equity Inv | |||
| MAGRX | 29.50 | -0.20 | -0.67% |
| BlackRock Natural Resources Instl | |||
| CPTUX | 88.87 | -0.78 | -0.87% |
| Invesco Capital Appreciation R5 | |||
| BIOIX | 52.92 | -2.45 | -4.42% |
| Baron Opportunity Instl | |||
GDE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GDE has been closely correlated with BKLC. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if GDE jumps, then BKLC could also see price increases.
| Ticker / NAME | Correlation To GDE | 1D Price Change % | ||
|---|---|---|---|---|
| GDE | 100% | -1.02% | ||
| BKLC - GDE | 70% Closely correlated | -0.40% | ||
| DFAU - GDE | 69% Closely correlated | -0.56% | ||
| RECS - GDE | 68% Closely correlated | -0.33% | ||
| JUST - GDE | 68% Closely correlated | -0.58% | ||
| STRV - GDE | 67% Closely correlated | -0.38% | ||
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