MLPA Global X MLP ETF Forecast, Technical & Fundamental Analysis

MLPA in upward trend: price may ascend as a result of having broken its lower Bollinger Band on March 05, 2025

MLPA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 26 cases where MLPA's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 01, 2025. You may want to consider a long position or call options on MLPA as a result. In of 75 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MLPA just turned positive on March 17, 2025. Looking at past instances where MLPA's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

MLPA moved above its 50-day moving average on March 14, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MLPA crossed bullishly above the 50-day moving average on March 18, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 MLPA advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 354 cases where MLPA 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 74 cases where MLPA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MLPA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .