QCLR Global X NASDAQ 100® Collar 95-110 ETF Forecast, Technical & Fundamental Analysis
QCLR in upward trend: price rose above 50-day moving average on November 03, 2023
QCLR 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. In of 15 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 24 cases where QCLR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on December 07, 2023. You may want to consider a long position or call options on QCLR as a result. In of 34 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for QCLR crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QCLR advanced for three days, in of 110 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 96 cases where QCLR 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 QCLR moved out of overbought territory on December 04, 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 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for QCLR turned negative on December 04, 2023. 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 15 similar instances when the indicator turned negative. In of the 15 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 QCLR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
QCLR and
Correlation & Price change
A.I.dvisor indicates that over the last year, QCLR has been closely correlated with QQQ. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if QCLR jumps, then QQQ could also see price increases.
| Ticker / NAME | Correlation To QCLR | 1D Price Change % | ||
|---|---|---|---|---|
| QCLR | 100% | +0.39% | ||
| QQQ - QCLR | 88% Closely correlated | +0.45% | ||
| SCHG - QCLR | 88% Closely correlated | +0.60% | ||
| VUG - QCLR | 88% Closely correlated | +0.48% | ||
| IWF - QCLR | 88% Closely correlated | +0.50% | ||
| IVW - QCLR | 85% Closely correlated | +0.37% | ||
More | ||||