QRMI Global X NASDAQ 100® Risk Mngd Inc ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index... Show more
Aroon Indicator for QRMI shows an upward move is likely
QRMI's Aroon Indicator triggered a bullish signal on May 28, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 264 similar instances where the Aroon Indicator showed a similar pattern. In of the 264 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 02, 2025. You may want to consider a long position or call options on QRMI as a result. In of 50 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
QRMI moved above its 50-day moving average on June 03, 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 QRMI advanced for three days, in of 246 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QRMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QRMI broke above its upper Bollinger Band on June 03, 2025. 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.
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General Information
Category Trading
QRMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QRMI has been closely correlated with XYLD. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if QRMI jumps, then XYLD could also see price increases.
| Ticker / NAME | Correlation To QRMI | 1D Price Change % | ||
|---|---|---|---|---|
| QRMI | 100% | -0.19% | ||
| XYLD - QRMI | 82% Closely correlated | +0.03% | ||
| QYLD - QRMI | 82% Closely correlated | +0.18% | ||
| JEPQ - QRMI | 78% Closely correlated | +0.21% | ||
| IWF - QRMI | 74% Closely correlated | +0.31% | ||
| SPYG - QRMI | 74% Closely correlated | +0.20% | ||
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