OND's RSI Indicator recovers from overbought zone
The 10-day RSI Oscillator for OND moved out of overbought territory on December 10, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 17 instances where the indicator moved out of the overbought zone. In of the 17 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OND as a result. In of 50 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for OND turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 31 similar instances when the indicator turned negative. In of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OND 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OND advanced for three days, in of 195 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 150 cases where OND Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Communications
OND and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, OND has been closely correlated with ESPO. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if OND jumps, then ESPO could also see price increases.
| Ticker / NAME | Correlation To OND | 1D Price Change % | ||
|---|---|---|---|---|
| OND | 100% | -0.09% | ||
| ESPO - OND | 82% Closely correlated | +0.84% | ||
| VCR - OND | 80% Closely correlated | +0.10% | ||
| FDIS - OND | 79% Closely correlated | +0.34% | ||
| XLY - OND | 78% Closely correlated | +0.31% | ||
| FXD - OND | 76% Closely correlated | -0.36% | ||
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