HFGO in downward trend: price dove below 50-day moving average on February 21, 2025
HFGO moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 15 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 may be shifting from an upward trend to a downward trend. In of 43 cases where HFGO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HFGO as a result. In of 55 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 HFGO turned negative on February 20, 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 30 similar instances when the indicator turned negative. In of the 30 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 HFGO 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
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HFGO advanced for three days, in of 237 cases, the price rose further within the following month. The odds of a continued upward trend are .
HFGO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category LargeGrowth
HFGO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HFGO has been closely correlated with QQEW. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFGO jumps, then QQEW could also see price increases.
| Ticker / NAME | Correlation To HFGO | 1D Price Change % | ||
|---|---|---|---|---|
| HFGO | 100% | -2.71% | ||
| QQEW - HFGO | 84% Closely correlated | -1.97% | ||
| IVW - HFGO | -4% Poorly correlated | -2.35% | ||
| VONG - HFGO | -4% Poorly correlated | -2.21% | ||
| QQQM - HFGO | -5% Poorly correlated | -2.07% | ||
| QQQ - HFGO | -5% Poorly correlated | -2.08% | ||
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