HYDR Global X Hydrogen ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Hydrogen Index... Show more
Momentum Indicator for HYDR turns negative, indicating new downward trend
HYDR saw its Momentum Indicator move below the 0 level on March 26, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 56 similar instances where the indicator turned negative. In of the 56 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for HYDR turned negative on March 26, 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 31 similar instances when the indicator turned negative. In of the 31 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 HYDR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for HYDR entered a downward trend on April 01, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HYDR's RSI Indicator exited the oversold zone, of 34 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 5 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 HYDR advanced for three days, in of 180 cases, the price rose further within the following month. The odds of a continued upward trend are .
HYDR 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 MiscellaneousSector
HYDR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYDR has been closely correlated with QCLN. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYDR jumps, then QCLN could also see price increases.
| Ticker / NAME | Correlation To HYDR | 1D Price Change % | ||
|---|---|---|---|---|
| HYDR | 100% | +2.41% | ||
| QCLN - HYDR | 77% Closely correlated | +1.96% | ||
| GRID - HYDR | 66% Closely correlated | +0.69% | ||
| JETS - HYDR | 59% Loosely correlated | -1.59% | ||
| NLR - HYDR | 45% Loosely correlated | +1.05% | ||
| XT - HYDR | 19% Poorly correlated | +0.05% | ||
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