GDMN WisdomTree Efcnt Gld Pls Gld Ms Stgy ETF Forecast, Technical & Fundamental Analysis
GDMN in upward trend: price rose above 50-day moving average on November 14, 2023
GDMN moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend. In of 8 similar past instances, the stock price increased further within 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 November 21, 2023. You may want to consider a long position or call options on GDMN as a result. In of 27 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 GDMN just turned positive on November 21, 2023. Looking at past instances where GDMN's MACD turned positive, the stock continued to rise in of 17 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 GDMN advanced for three days, in of 115 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 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 GDMN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GDMN broke above its upper Bollinger Band on November 28, 2023. 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 Aroon Indicator for GDMN entered a downward trend on November 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category CommoditiesBroadBasket
GDMN and
Correlation & Price change
A.I.dvisor tells us that GDMN and SLV have been poorly correlated (+11% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that GDMN and SLV's prices will move in lockstep.
| Ticker / NAME | Correlation To GDMN | 1D Price Change % | ||
|---|---|---|---|---|
| GDMN | 100% | +3.15% | ||
| SLV - GDMN | 11% Poorly correlated | +0.86% | ||
| PHYS - GDMN | 11% Poorly correlated | +1.64% | ||
| GLDM - GDMN | 11% Poorly correlated | +1.71% | ||
| GLD - GDMN | 11% Poorly correlated | +1.73% | ||
| IAU - GDMN | 11% Poorly correlated | +1.74% |