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RYLD
ETF ticker: NYSE ARCA
AS OF
Dec 18, 02:00 PM (EDT)
Price
$16.77
Change
+$0.01 (+0.06%)
Net Assets
1.49B

RYLD stock forecast, quote, news & analysis

Category: @Trading
RYLD
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for RYLD with price predictions
Dec 17, 2024

Momentum Indicator for RYLD turns positive, indicating new upward trend

RYLD saw its Momentum Indicator move above the 0 level on November 22, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 88 similar instances where the indicator turned positive. In of the 88 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RYLD advanced for three days, in of 374 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 360 cases where RYLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for RYLD moved out of overbought territory on December 17, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Moving Average Convergence Divergence Histogram (MACD) for RYLD turned negative on December 03, 2024. 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RYLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Chord Energy Corp (NASDAQ:CHRD), Intra-Cellular Therapies (NASDAQ:ITCI), Abercrombie & Fitch Co (NYSE:ANF), Valaris Limited (NYSE:VAL), KB Home (NYSE:KBH), Shake Shack (NYSE:SHAK), StoneCo Ltd (NASDAQ:STNE), Signet Jewelers Limited (NYSE:SIG), Goodyear Tire & Rubber Company (The) (NASDAQ:GT), Scorpio Tankers (NYSE:STNG).

Industry description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index. The fund invests at least 80% of its total assets in component securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Russell 2000 Index, and "writes" a succession of one-month at-the-money covered call options on the Russell 2000 Index.

Market Cap

The average market capitalization across the Global X Russell 2000 Covered Call ETF ETF is 1.84B. The market cap for tickers in the group ranges from 3.36M to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is BIG at 3.36M.

High and low price notable news

The average weekly price growth across all stocks in the Global X Russell 2000 Covered Call ETF ETF was 84%. For the same ETF, the average monthly price growth was 316%, and the average quarterly price growth was 519%. TRVI experienced the highest price growth at 68%, while KROS experienced the biggest fall at -73%.

Volume

The average weekly volume growth across all stocks in the Global X Russell 2000 Covered Call ETF ETF was -3%. For the same stocks of the ETF, the average monthly volume growth was -3% and the average quarterly volume growth was 23%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 60
P/E Growth Rating: 55
Price Growth Rating: 52
SMR Rating: 70
Profit Risk Rating: 71
Seasonality Score: 17 (-100 ... +100)
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RYLD
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

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Fundamentals
Details
Category
Derivative Income
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com