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RYLG
ETF ticker: NYSE ARCA
AS OF
Jan 17 closing price
Price
$23.04
Change
+$0.04 (+0.17%)
Net Assets
6.22M

RYLG stock forecast, quote, news & analysis

Category: @Trading
RYLG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
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A.I.Advisor
a Summary for RYLG with price predictions
Jan 08, 2025

RYLG sees its Stochastic Oscillator recovers from oversold territory

On January 03, 2025, the Stochastic Oscillator for RYLG moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 25 instances where the indicator left the oversold zone. In of the 25 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RYLG's RSI Oscillator exited the oversold zone, of 10 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on RYLG as a result. In of 40 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 RYLG advanced for three days, in of 153 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day moving average for RYLG crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 RYLG 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 RYLG entered a downward trend on December 30, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

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), StoneCo Ltd (NASDAQ:STNE), Shake Shack (NYSE:SHAK), Signet Jewelers Limited (NYSE:SIG), Goodyear Tire & Rubber Company (The) (NASDAQ:GT), Scorpio Tankers (NYSE:STNG).

Industry description

The investment seeks investment results that correspond generally to the price and yield performance of the Cboe Russell 2000 Half BuyWrite Index. The fund invests at least 80% of its net assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index measures the performance of a covered call strategy that holds a theoretical portfolio of the underlying stocks of the Russell 2000 Index and "writes" (or sells) a succession of one-month ATM covered call options on the Reference Index.

Market Cap

The average market capitalization across the Global X Russell 2000 Cov Cl & Gr ETF ETF is 1.76B. 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 Cov Cl & Gr ETF ETF was 3%. For the same ETF, the average monthly price growth was 3%, and the average quarterly price growth was 7%. HEES experienced the highest price growth at 101%, while LICY experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Global X Russell 2000 Cov Cl & Gr ETF ETF was -16%. For the same stocks of the ETF, the average monthly volume growth was -25% and the average quarterly volume growth was 45%

Fundamental Analysis Ratings

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

Valuation Rating: 59
P/E Growth Rating: 55
Price Growth Rating: 57
SMR Rating: 70
Profit Risk Rating: 73
Seasonality Score: 3 (-100 ... +100)
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RYLG
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
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Category
Derivative Income
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com