SGLC sees its Stochastic Oscillator ascending out of oversold territory
On January 03, 2025, the Stochastic Oscillator for SGLC 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 14 instances where the indicator left the oversold zone. In of the 14 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on SGLC as a result. In of 24 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 SGLC advanced for three days, in of 119 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
SGLC moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SGLC crossed bearishly below the 50-day moving average on December 27, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 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 SGLC 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 SGLC entered a downward trend on January 02, 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.
General Information
Category LargeBlend
SGLC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SGLC has been closely correlated with BKLC. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if SGLC jumps, then BKLC could also see price increases.
| Ticker / NAME | Correlation To SGLC | 1D Price Change % | ||
|---|---|---|---|---|
| SGLC | 100% | +0.78% | ||
| BKLC - SGLC | 94% Closely correlated | +0.58% | ||
| DFAU - SGLC | 94% Closely correlated | +0.50% | ||
| JUST - SGLC | 93% Closely correlated | +0.61% | ||
| STRV - SGLC | 92% Closely correlated | +0.54% | ||
| RECS - SGLC | 91% Closely correlated | +0.56% | ||
More | ||||