GXTG in downward trend: 10-day moving average moved below 50-day moving average on December 19, 2024
The 10-day moving average for GXTG crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GXTG as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GXTG turned negative on December 12, 2024. 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
GXTG moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GXTG 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 RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GXTG's RSI Indicator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GXTG advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
GXTG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 306 cases where GXTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category WorldStock
GXTG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GXTG has been closely correlated with CGGO. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if GXTG jumps, then CGGO could also see price increases.
| Ticker / NAME | Correlation To GXTG | 1D Price Change % | ||
|---|---|---|---|---|
| GXTG | 100% | +0.98% | ||
| CGGO - GXTG | 80% Closely correlated | +0.24% | ||
| TEMP - GXTG | 79% Closely correlated | +0.66% | ||
| PBD - GXTG | 77% Closely correlated | +2.46% | ||
| TMFG - GXTG | 76% Closely correlated | +0.70% | ||
| SDIV - GXTG | 75% Closely correlated | +1.13% | ||
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