NDIA's Indicator enters downward trend
The Aroon Indicator for NDIA entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 15 similar instances where the Aroon Indicator formed such a pattern. In of the 15 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NDIA 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 points to a transition from a downward trend to an upward trend -- in cases where NDIA's RSI Oscillator exited the oversold zone, of 4 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
General Information
Category WorldStock
NDIA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NDIA has been closely correlated with INDA. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if NDIA jumps, then INDA could also see price increases.
| Ticker / NAME | Correlation To NDIA | 1D Price Change % | ||
|---|---|---|---|---|
| NDIA | 100% | -0.56% | ||
| INDA - NDIA | 95% Closely correlated | -0.41% | ||
| FLIN - NDIA | 94% Closely correlated | -0.38% | ||
| INDY - NDIA | 93% Closely correlated | -0.10% | ||
| EPI - NDIA | 92% Closely correlated | -0.68% | ||
| SMIN - NDIA | 79% Closely correlated | -1.77% |