Momentum Indicator for IQRA turns negative, indicating new downward trend
IQRA saw its Momentum Indicator move below the 0 level on January 08, 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 26 similar instances where the indicator turned negative. In of the 26 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IQRA 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 entered the oversold zone -- be on the watch for IQRA's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 17 cases where IQRA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IQRA just turned positive on January 08, 2025. Looking at past instances where IQRA's MACD turned positive, the stock continued to rise in of 11 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IQRA advanced for three days, in of 106 cases, the price rose further within the following month. The odds of a continued upward trend are .
IQRA 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 GlobalRealEstate
IQRA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IQRA has been closely correlated with DFGR. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if IQRA jumps, then DFGR could also see price increases.
| Ticker / NAME | Correlation To IQRA | 1D Price Change % | ||
|---|---|---|---|---|
| IQRA | 100% | N/A | ||
| DFGR - IQRA | 83% Closely correlated | -0.16% | ||
| RWO - IQRA | 82% Closely correlated | -0.26% | ||
| REET - IQRA | 82% Closely correlated | -0.12% | ||
| IFGL - IQRA | 81% Closely correlated | N/A | ||
| HAUZ - IQRA | 69% Closely correlated | +0.13% | ||
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