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 uptrend is expected.
The Momentum Indicator moved below the 0 level on December 24, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SCDL as a result. In of 66 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
SCDL moved below its 50-day moving average on December 24, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SCDL 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 14 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 .
The Aroon Indicator for SCDL entered a downward trend on January 08, 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.
Category Trading
A.I.dvisor indicates that over the last year, SCDL has been loosely correlated with FEDL. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if SCDL jumps, then FEDL could also see price increases.
Ticker / NAME | Correlation To SCDL | 1D Price Change % | ||
---|---|---|---|---|
SCDL | 100% | N/A | ||
FEDL - SCDL | 62% Loosely correlated | N/A | ||
SPXL - SCDL | 58% Loosely correlated | +2.79% | ||
IFED - SCDL | 56% Loosely correlated | N/A | ||
QULL - SCDL | 55% Loosely correlated | N/A | ||
MLPR - SCDL | 55% Loosely correlated | N/A | ||
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