QYLD Stock Global X NASDAQ 100 Covered Call ETF (QYLD, $18.23) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 16, 2024

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QYLD - Global X NASDAQ 100 Covered Call ETF

MACD signal

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Odds of DOWN Trend

Price: $18.23

Daily change: +$0.01 (+0.05%)

Daily volume: 2.4M

Net Assets: $8.2B

QYLD sees MACD Histogram crosses below signal line

QYLD saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 16, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

QYLD broke above its upper Bollinger Band on October 08, 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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QYLD advanced for three days, in of 425 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 432 cases where QYLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .