REK moved below its 50-day moving average on May 27, 2025 date and that indicates a change from an upward trend to a downward trend. In of 39 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for REK turned negative on June 02, 2025. 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for REK crossed bearishly below the 50-day moving average on May 05, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for REK entered a downward trend on May 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on June 02, 2025. You may want to consider a long position or call options on REK 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REK advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .
REK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Category Trading
A.I.dvisor indicates that over the last year, REK has been closely correlated with TZA. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if REK jumps, then TZA could also see price increases.
Ticker / NAME | Correlation To REK | 1D Price Change % | ||
---|---|---|---|---|
REK | 100% | -0.09% | ||
TZA - REK | 73% Closely correlated | -0.93% | ||
SPXS - REK | 59% Loosely correlated | -1.65% | ||
SDS - REK | 56% Loosely correlated | -0.98% | ||
CARD - REK | 53% Loosely correlated | +3.40% | ||
SH - REK | 51% Loosely correlated | -0.55% | ||
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