QCLN First Trust NASDAQ® Cln Edge® GrnEngyETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ® Clean Edge® Green Energy TM Index... Show more
QCLN's RSI Oscillator ascends from oversold territory
The RSI Oscillator for QCLN moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 32 similar instances when the indicator left oversold territory. In of the 32 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on QCLN as a result. In of 81 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 QCLN just turned positive on April 22, 2025. Looking at past instances where QCLN's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
QCLN moved above its 50-day moving average on May 08, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QCLN advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
QCLN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QCLN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for QCLN entered a downward trend on April 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MiscellaneousSector
QCLN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QCLN has been closely correlated with PBW. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if QCLN jumps, then PBW could also see price increases.
| Ticker / NAME | Correlation To QCLN | 1D Price Change % | ||
|---|---|---|---|---|
| QCLN | 100% | +2.83% | ||
| PBW - QCLN | 96% Closely correlated | +1.12% | ||
| ACES - QCLN | 96% Closely correlated | +2.77% | ||
| ERTH - QCLN | 91% Closely correlated | +0.94% | ||
| CTEC - QCLN | 89% Closely correlated | +2.89% | ||
| TAN - QCLN | 88% Closely correlated | +3.19% | ||
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