NAD in +1.09% Uptrend, growing for three consecutive days on December 08, 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 NAD advanced for three days, in of 348 cases, the price rose further within 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 November 01, 2023. You may want to consider a long position or call options on NAD 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 .
NAD moved above its 50-day moving average on November 03, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for NAD crossed bullishly above the 50-day moving average on November 10, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 .
The Aroon Indicator entered an Uptrend today. In of 352 cases where NAD 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 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 NAD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NAD broke above its upper Bollinger Band on November 07, 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)
Industry description
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
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| Grayscale Bitcoin Trust (BTC) | |||
| MLPX | 44.19 | 0.41 | +0.94% |
| Global X MLP & Energy Infrastructure ETF | |||
| EFAD | 37.09 | 0.10 | +0.28% |
| ProShares MSCI EAFE Dividend Growers | |||
| FIF | 16.35 | -0.09 | -0.55% |
| First Trust Energy Infrastructure Fund | |||
NAD and
Correlation & Price change
A.I.dvisor indicates that over the last year, NAD has been closely correlated with NEA. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if NAD jumps, then NEA could also see price increases.