GNOM Global X Genomics & Biotechnology ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Genomics Index ("underlying index")... Show more
GNOM's Stochastic Oscillator is remaining in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GNOM as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 GNOM 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 GNOM entered a downward trend on April 17, 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
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GNOM's RSI Indicator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GNOM just turned positive on April 14, 2025. Looking at past instances where GNOM'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 GNOM advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .
GNOM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Health
GNOM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GNOM has been closely correlated with XBI. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if GNOM jumps, then XBI could also see price increases.
| Ticker / NAME | Correlation To GNOM | 1D Price Change % | ||
|---|---|---|---|---|
| GNOM | 100% | -0.13% | ||
| XBI - GNOM | 89% Closely correlated | +1.06% | ||
| IBB - GNOM | 88% Closely correlated | +0.42% | ||
| VHT - GNOM | 65% Loosely correlated | -0.42% | ||
| XLV - GNOM | 54% Loosely correlated | -0.59% | ||
| IHI - GNOM | 51% Loosely correlated | +0.49% |