GRID First Trust NASDAQ® Cln Edge®StGidIfsETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq Clean Edge Smart Grid Infrastructure Index TM... Show more
GRID's RSI Oscillator leaves overbought zone
The 10-day RSI Indicator for GRID moved out of overbought territory on June 17, 2025. 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 40 instances where the indicator moved out of the overbought zone. In of the 40 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 entered the overbought zone. Expect a price pull-back in the foreseeable future.
The Moving Average Convergence Divergence Histogram (MACD) for GRID turned negative on May 30, 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
GRID broke above its upper Bollinger Band on June 24, 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.
Bullish Trend Analysis
The 50-day moving average for GRID moved above the 200-day moving average on June 12, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GRID advanced for three days, in of 357 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 322 cases where GRID Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Industrials
GRID and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GRID has been closely correlated with PAVE. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if GRID jumps, then PAVE could also see price increases.
| Ticker / NAME | Correlation To GRID | 1D Price Change % | ||
|---|---|---|---|---|
| GRID | 100% | -0.38% | ||
| PAVE - GRID | 85% Closely correlated | -0.86% | ||
| XT - GRID | 85% Closely correlated | +0.11% | ||
| DRIV - GRID | 83% Closely correlated | +0.13% | ||
| SIMS - GRID | 81% Closely correlated | -0.39% | ||
| BOTZ - GRID | 80% Closely correlated | +0.32% | ||
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