SHNY MicroSectors™ Gold 3X Leveraged ETN Forecast, Technical & Fundamental Analysis
The investment seeks return on the notes is linked to a three times leveraged participation in the daily performance of the SPDR® Gold Shares (the “ETF”), which is an exchange traded fund that invests in gold bullion... Show more
SHNY in downward trend: price expected to drop as it breaks its higher Bollinger Band on June 13, 2025
SHNY broke above its upper Bollinger Band on June 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 33 similar instances where the stock broke above the upper band. In of the 33 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 30 cases where SHNY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on June 18, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SHNY as a result. In of 44 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 SHNY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SHNY just turned positive on June 12, 2025. Looking at past instances where SHNY's MACD turned positive, the stock continued to rise in of 21 cases over the following month. 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 SHNY advanced for three days, in of 151 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 100 cases where SHNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Trading
SHNY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHNY has been closely correlated with DGP. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHNY jumps, then DGP could also see price increases.
| Ticker / NAME | Correlation To SHNY | 1D Price Change % | ||
|---|---|---|---|---|
| SHNY | 100% | -1.92% | ||
| DGP - SHNY | 98% Closely correlated | -1.51% | ||
| GDXU - SHNY | 81% Closely correlated | -3.01% | ||
| UGL - SHNY | 53% Loosely correlated | -1.13% | ||
| AGQ - SHNY | 43% Loosely correlated | -2.86% | ||
| UCO - SHNY | 4% Poorly correlated | -0.07% | ||
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