Momentum Indicator for GQI turns negative, indicating new downward trend
GQI saw its Momentum Indicator move below the 0 level on February 21, 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 17 similar instances where the indicator turned negative. In of the 17 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for GQI turned negative on February 20, 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 15 similar instances when the indicator turned negative. In of the 15 cases the stock turned lower in the days that followed. This puts the odds of success at .
GQI moved below its 50-day moving average on February 21, 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 GQI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for GQI's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 GQI advanced for three days, in of 80 cases, the price rose further within the following month. The odds of a continued upward trend are .
GQI 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 Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| XLP | 82.68 | -0.18 | -0.22% |
| The Consumer Staples Sel SectSPDR® ETF | |||
| KLIP | 33.00 | -0.50 | -1.50% |
| KraneShares KWEB Covered Call Strat ETF | |||
| WWJD | 30.93 | -0.60 | -1.90% |
| Inspire International ETF | |||
| IMCB | 73.79 | -1.55 | -2.05% |
| iShares Morningstar Mid-Cap ETF | |||
| CRUZ | 24.39 | -0.90 | -3.54% |
| Defiance Hotel, Airline, and Cruise ETF | |||
GQI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GQI has been closely correlated with JEPQ. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if GQI jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To GQI | 1D Price Change % | ||
|---|---|---|---|---|
| GQI | 100% | -2.40% | ||
| JEPQ - GQI | 93% Closely correlated | -3.44% | ||
| QYLD - GQI | 84% Closely correlated | -3.79% | ||
| JEPI - GQI | 78% Closely correlated | -1.39% | ||
| DIVO - GQI | 72% Closely correlated | -1.39% | ||
| KNG - GQI | 46% Loosely correlated | -0.44% |