GLDI Stock UBS ETRACS Gold Shares Covered Call ETN (GLDI, $152.75) entered Uptrend as Momentum indicator ascends above 0 level on Nov 26, 2024

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GLDI - UBS ETRACS Gold Shares Covered Call ETN

Momentum signal

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Odds of UP Trend

Price: $152.75

Daily change: +$0.1 (+0.06%)

Daily volume: 1.7K

Net Assets: $69.5M

GLDI's RSI Oscillator ascending out of oversold territory

The RSI Indicator for GLDI moved out of oversold territory on November 18, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In of the 24 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 26, 2024. You may want to consider a long position or call options on GLDI as a result. In of 87 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 GLDI just turned positive on November 22, 2024. Looking at past instances where GLDI's MACD turned positive, the stock continued to rise in of 51 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 GLDI advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

GLDI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where GLDI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

GLDI moved below its 50-day moving average on November 25, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GLDI crossed bearishly below the 50-day moving average on November 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GLDI 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 GLDI entered a downward trend on November 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.