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MLPX
ETF ticker: NYSE ARCA
AS OF
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Price
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Net Assets
1B

MLPX Price Prediction, Global X MLP & Energy Infrastructure ETF AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for MLPX with price predictions
07:00 PM EST Dec 04, 2023

MLPX in +2.46% Uptrend, growing for three consecutive days on December 01, 2023

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MLPX advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 20, 2023. You may want to consider a long position or call options on MLPX as a result. In of 83 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 MLPX just turned positive on November 14, 2023. Looking at past instances where MLPX's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

MLPX moved above its 50-day moving average on November 01, 2023 date and that indicates a change from a downward trend to an upward trend.

The Aroon Indicator entered an Uptrend today. In of 295 cases where MLPX 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 10-day RSI Indicator for MLPX moved out of overbought territory on December 05, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

MLPX broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Cheniere Energy (ASE:LNG), Kinder Morgan (NYSE:KMI), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NYSE:AM), Plains GP Holdings LP (NASDAQ:PAGP).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP & Energy Infrastructure Index. The fund invests at least 80% of its total assets in the securities of the index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The index tracks the performance of midstream energy infrastructure MLPs and corporations. It is non-diversified.

Market Cap

The average market capitalization across the Global X MLP & Energy Infrastructure ETF ETF is 25.71B. The market cap for tickers in the group ranges from 1.97B to 72.06B. ENB holds the highest valuation in this group at 72.06B. The lowest valued company is KNTK at 1.97B.

High and low price notable news

The average weekly price growth across all stocks in the Global X MLP & Energy Infrastructure ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 11%. ETRN experienced the highest price growth at 11%, while LNG experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Global X MLP & Energy Infrastructure ETF ETF was 34%. For the same stocks of the ETF, the average monthly volume growth was -8% and the average quarterly volume growth was 17%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 20
P/E Growth Rating: 50
Price Growth Rating: 42
SMR Rating: 53
Profit Risk Rating: 48
Seasonality Score: 41 (-100 ... +100)
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published General Information

General Information

Category Energy

Profile
Fundamentals
Details
Category
Energy Limited Partnership
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com
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MLPX and

Correlation & Price change

A.I.dvisor indicates that over the last year, MLPX has been closely correlated with AMTR. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if MLPX jumps, then AMTR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MLPX
1D Price
Change %
MLPX100%
-1.44%
AMTR - MLPX
99%
Closely correlated
-1.34%
AMNA - MLPX
98%
Closely correlated
-1.33%
AMND - MLPX
98%
Closely correlated
-1.09%
TPYP - MLPX
95%
Closely correlated
-1.44%
ENFR - MLPX
94%
Closely correlated
-1.29%
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