RAYC Rayliant Quantamental China Equity ETF Forecast, Technical & Fundamental Analysis

RAYC's Indicator enters downward trend

The Aroon Indicator for RAYC entered a downward trend on January 17, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 214 similar instances where the Aroon Indicator formed such a pattern. In of the 214 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RAYC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 17, 2025. You may want to consider a long position or call options on RAYC 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 RAYC just turned positive on January 17, 2025. Looking at past instances where RAYC's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

RAYC moved above its 50-day moving average on January 24, 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 RAYC advanced for three days, in of 219 cases, the price rose further within the following month. The odds of a continued upward trend are .

RAYC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.