Momentum Indicator for GXG turns positive, indicating new upward trend
GXG saw its Momentum Indicator move above the 0 level on January 02, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GXG just turned positive on January 02, 2025. Looking at past instances where GXG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
GXG moved above its 50-day moving average on December 24, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GXG advanced for three days, in of 344 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 198 cases where GXG 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GXG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GXG broke above its upper Bollinger Band on January 07, 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.
General Information
Category Miscellaneous
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| UUPIX | 49.28 | 0.78 | +1.61% |
| ProFunds UltraEmerging Markets Inv | |||
| KLCKX | 13.46 | 0.09 | +0.67% |
| Federated Hermes Kaufmann Large Cap R | |||
| GSAOX | 17.09 | 0.08 | +0.47% |
| Goldman Sachs Small Cap Gr Insghts A | |||
| BRSVX | 38.10 | 0.17 | +0.45% |
| Bridgeway Small-Cap Value | |||
| ESPAX | 39.62 | 0.17 | +0.43% |
| Allspring Special Small Cap Value A | |||
GXG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GXG has been loosely correlated with EWC. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if GXG jumps, then EWC could also see price increases.