RAYD Rayliant Quantitative Dev Mkt Eq ETF Forecast, Technical & Fundamental Analysis
RAYD in +1.66% Uptrend, advancing for three consecutive days on January 06, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where RAYD advanced for three days, in of 203 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RAYD as a result. In of 41 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
RAYD moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.
General Information
Category ForeignLargeBlend
RAYD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RAYD has been closely correlated with JUST. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if RAYD jumps, then JUST could also see price increases.
| Ticker / NAME | Correlation To RAYD | 1D Price Change % | ||
|---|---|---|---|---|
| RAYD | 100% | -0.54% | ||
| JUST - RAYD | 90% Closely correlated | -0.60% | ||
| BKLC - RAYD | 89% Closely correlated | -0.68% | ||
| URTH - RAYD | 89% Closely correlated | -0.80% | ||
| ACWI - RAYD | 89% Closely correlated | -0.81% | ||
| DFAU - RAYD | 89% Closely correlated | -0.74% | ||
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