RETL's RSI Indicator entering overbought territory
The RSI Oscillator for RETL moved into overbought territory on December 01, 2023. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 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 RETL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RETL broke above its upper Bollinger Band on December 01, 2023. 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 Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on RETL as a result. In of 95 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 RETL just turned positive on October 31, 2023. Looking at past instances where RETL's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
RETL moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for RETL crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 RETL advanced for three days, in of 319 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 290 cases where RETL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
RETL and
Correlation & Price change
A.I.dvisor indicates that over the last year, RETL has been closely correlated with SPXL. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if RETL jumps, then SPXL could also see price increases.
| Ticker / NAME | Correlation To RETL | 1D Price Change % | ||
|---|---|---|---|---|
| RETL | 100% | +11.21% | ||
| SPXL - RETL | 69% Closely correlated | +1.66% | ||
| SSO - RETL | 69% Closely correlated | +1.15% | ||
| QLD - RETL | 58% Loosely correlated | +0.58% | ||
| TQQQ - RETL | 58% Loosely correlated | +0.84% | ||
| SOXL - RETL | 54% Loosely correlated | +1.14% |