GQI's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Indicator for GQI moved out of overbought territory on December 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 7 instances where the indicator moved out of the overbought zone. In of the 7 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 11 cases where GQI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GQI turned negative on December 17, 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 13 similar instances when the indicator turned negative. In of the 13 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 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 Momentum Indicator moved above the 0 level on November 29, 2024. You may want to consider a long position or call options on GQI as a result. In of 11 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 GQI advanced for three days, in of 65 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 66 cases where GQI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
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% | -0.41% | ||
| JEPQ - GQI | 93% Closely correlated | -0.12% | ||
| QYLD - GQI | 84% Closely correlated | -0.05% | ||
| JEPI - GQI | 75% Closely correlated | -0.20% | ||
| DIVO - GQI | 69% Closely correlated | -0.48% | ||
| KNG - GQI | 50% Loosely correlated | -0.60% |