GRX Stock Gabelli Healthcare & Wellness Trust (The) (GRX, $9.52) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 12, 2025
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GRX in downward trend: price dove below 50-day moving average on May 06, 2025
GRX moved below its 50-day moving average on May 06, 2025 date and that indicates a change from an upward trend to a downward trend. In of 45 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on May 09, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GRX as a result. In of 77 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 GRX 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 Moving Average Convergence Divergence (MACD) for GRX just turned positive on May 20, 2025. Looking at past instances where GRX's MACD turned positive, the stock continued to rise in of 41 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 GRX advanced for three days, in of 331 cases, the price rose further within the following month. The odds of a continued upward trend are .
GRX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
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