The RSI Oscillator for GLOF moved out of oversold territory on December 20, 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 30 similar instances when the indicator left oversold territory. In of the 30 cases the stock moved higher. This puts the odds of a move higher at .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GLOF advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
GLOF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 356 cases where GLOF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GLOF as a result. In of 81 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 GLOF 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
GLOF moved below its 50-day moving average on December 18, 2024 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 GLOF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category ForeignLargeBlend
A.I.dvisor indicates that over the last year, GLOF has been closely correlated with JGLO. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if GLOF jumps, then JGLO could also see price increases.
Ticker / NAME | Correlation To GLOF | 1D Price Change % | ||
---|---|---|---|---|
GLOF | 100% | +0.67% | ||
JGLO - GLOF | 95% Closely correlated | +0.43% | ||
IOO - GLOF | 26% Poorly correlated | +1.11% | ||
ACWI - GLOF | 26% Poorly correlated | +0.78% | ||
VT - GLOF | 25% Poorly correlated | +0.18% | ||
URTH - GLOF | 24% Poorly correlated | +0.77% | ||
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