QYLD Stock Global X NASDAQ 100 Covered Call ETF (QYLD, $18.08) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 15, 2024

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QYLD - Global X NASDAQ 100 Covered Call ETF

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Odds of DOWN Trend

Price: $18.08

Daily change: -$0.43 (-2.32%)

Daily volume: 8.4M

Net Assets: $8.4B

Momentum Indicator for QYLD turns negative, indicating new downward trend

QYLD saw its Momentum Indicator move below the 0 level on November 20, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned negative. In of the 68 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for QYLD moved out of overbought territory on November 14, 2024. 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 46 similar instances where the indicator moved out of overbought territory. In of the 46 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 QYLD turned negative on November 15, 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 48 similar instances when the indicator turned negative. In of the 48 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 QYLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

QYLD broke above its upper Bollinger Band on November 06, 2024. 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.

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 38 cases where QYLD'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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QYLD advanced for three days, in of 428 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 434 cases where QYLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .