RXI iShares Global Consumer Discr ETF Forecast, Technical & Fundamental Analysis
RXI's Stochastic Oscillator slumps into oversold zone
The Stochastic Oscillator for RXI moved into oversold territory on January 08, 2025. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RXI advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
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 RXI as a result. In of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 RXI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category ConsumerDiscretionary
RXI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RXI has been closely correlated with XLY. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if RXI jumps, then XLY could also see price increases.