GMAR's Stochastic Oscillator is sitting in oversold zone for 8 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GMAR advanced for three days, in of 151 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 243 cases where GMAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for GMAR moved out of overbought territory on January 27, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator moved out of overbought territory. In of the 25 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GMAR as a result. In of 22 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 GMAR turned negative on February 21, 2025. 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 18 similar instances when the indicator turned negative. In of the 18 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 GMAR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GMAR broke above its upper Bollinger Band on February 13, 2025. 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.
General Information
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GMAR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GMAR has been closely correlated with FMAR. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if GMAR jumps, then FMAR could also see price increases.
| Ticker / NAME | Correlation To GMAR | 1D Price Change % | ||
|---|---|---|---|---|
| GMAR | 100% | -0.33% | ||
| FMAR - GMAR | 95% Closely correlated | -0.55% | ||
| FFEB - GMAR | 92% Closely correlated | +0.10% | ||
| BALT - GMAR | 90% Closely correlated | -0.33% | ||
| PFEB - GMAR | 89% Closely correlated | -0.83% | ||
| HELO - GMAR | 89% Closely correlated | -1.27% | ||
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