MENU

GXG Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Ascending GXG on January 27, 2025, netting in a 9.96% gain over 3 weeks

A.I.dvisor
at Tickeron.com
Loading...
+9.96% Gain from a Successful pattern Broadening Wedge Ascending
GXG - Global X MSCI Colombia ETF
Tickeron
Ticker: GXG
Company: Global X MSCI Colombia ETF
Gain: +9.96%
Confirmed: 01/27/25
Succeeded: 02/18/25
Total length: 25 days
On January 24, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bullish) for Global X MSCI Colombia ETF (GXG, $24.60). On January 27, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $26.80. 22 days later, on February 18, 2025, GXG reached the target price resulting in a for traders who took a long position in the stock.

GXG in +3.77% Uptrend, rising for three consecutive days on February 20, 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 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The 50-day moving average for GXG moved above the 200-day moving average on February 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 206 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 demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 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 February 18, 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.

View a ticker or compare two or three
GXG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category Miscellaneous

Profile
Fundamentals
Details
Category
Miscellaneous Region
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com