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GGME
ETF ticker: NYSE ARCA
AS OF
Dec 17 closing price
Price
$52.97
Change
+$0.06 (+0.11%)
Net Assets
34.97M

GGME stock forecast, quote, news & analysis

Category: @Technology
GGME
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for GGME with price predictions
Dec 17, 2024

GGME's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Indicator for GGME moved out of overbought territory on December 10, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 37 instances where the indicator moved out of the overbought zone. In of the 37 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GGME as a result. In of 75 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GGME turned negative on December 13, 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 47 similar instances when the indicator turned negative. In of the 47 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 GGME declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GGME broke above its upper Bollinger Band on December 02, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GGME advanced for three days, in of 364 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 287 cases where GGME Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), Netflix (NASDAQ:NFLX), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Autodesk (NASDAQ:ADSK), Spotify Technology SA (NYSE:SPOT), Trade Desk (The) (NASDAQ:TTD).

Industry description

The investment seeks to track the investment results (before fees and expenses) of the STOXX World AC NexGen Media Index. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future media through direct revenue. The fund is non-diversified.

Market Cap

The average market capitalization across the Invesco Next Gen Media and Gaming ETF ETF is 182.47B. The market cap for tickers in the group ranges from 20.66M to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is LOGN at 20.66M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco Next Gen Media and Gaming ETF ETF was -1%. For the same ETF, the average monthly price growth was 6%, and the average quarterly price growth was 11%. XMTR experienced the highest price growth at 13%, while ADBE experienced the biggest fall at -17%.

Volume

The average weekly volume growth across all stocks in the Invesco Next Gen Media and Gaming ETF ETF was 13%. For the same stocks of the ETF, the average monthly volume growth was -9% and the average quarterly volume growth was -41%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 70
Price Growth Rating: 43
SMR Rating: 64
Profit Risk Rating: 64
Seasonality Score: 12 (-100 ... +100)
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GGME
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com