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 in +1.40% Uptrend, advancing for three consecutive days on June 04, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GRID advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for GRID crossed bullishly above the 50-day moving average on May 01, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 316 cases where GRID 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near 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 47 similar instances when the indicator turned negative. In of the 47 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 GRID declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GRID broke above its upper Bollinger Band on May 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.
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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% | +0.56% | ||
| PAVE - GRID | 85% Closely correlated | +1.49% | ||
| XT - GRID | 85% Closely correlated | +0.98% | ||
| DRIV - GRID | 83% Closely correlated | +1.13% | ||
| BOTZ - GRID | 80% Closely correlated | +0.32% | ||
| VCLN - GRID | 79% Closely correlated | N/A | ||
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