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GGME
ETF ticker: NYSE ARCA
AS OF
Jan 17 closing price
Price
$51.97
Change
+$0.47 (+0.91%)
Net Assets
34.36M

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
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A.I.Advisor
a Summary for GGME with price predictions
Jan 08, 2025

Momentum Indicator for GGME turns negative, indicating new downward trend

GGME saw its Momentum Indicator move below the 0 level on January 08, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned negative. In of the 74 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where GGME's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

GGME moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

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 .

The Aroon Indicator for GGME 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.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GGME advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend 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 186.32B. The market cap for tickers in the group ranges from 20.66M to 3.37T. NVDA holds the highest valuation in this group at 3.37T. 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 3%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 13%. RUM experienced the highest price growth at 18%, while SNAP experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Invesco Next Gen Media and Gaming ETF ETF was -10%. For the same stocks of the ETF, the average monthly volume growth was -21% and the average quarterly volume growth was 12%

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: 49
SMR Rating: 64
Profit Risk Rating: 64
Seasonality Score: 16 (-100 ... +100)
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GGME
Daily Signalchanged days ago
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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