REW sees MACD Histogram just turned negative
REW saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on July 03, 2025. 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 Momentum Indicator moved below the 0 level on June 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on REW as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for REW moved below the 200-day moving average on June 12, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where REW 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 REW entered a downward trend on July 03, 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.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
REW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Trading
REW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, REW has been closely correlated with SPXU. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if REW jumps, then SPXU could also see price increases.
| Ticker / NAME | Correlation To REW | 1D Price Change % | ||
|---|---|---|---|---|
| REW | 100% | -2.52% | ||
| SPXU - REW | 94% Closely correlated | -2.29% | ||
| PSQ - REW | 91% Closely correlated | -0.89% | ||
| SPXS - REW | 90% Closely correlated | -2.16% | ||
| NVDD - REW | 78% Closely correlated | N/A | ||
| SQQQ - REW | 51% Loosely correlated | -2.70% | ||
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