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SHNY
ETF ticker: NYSE ARCA
AS OF
May 23 closing price
Price
$75.85
Change
+$4.32 (+6.04%)
Net Assets
5.88M

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

Category: #Trading
SHNY
Daily Signalchanged days ago
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A.I.Advisor
a Summary for SHNY with price predictions
May 23, 2025

Momentum Indicator for SHNY turns positive, indicating new upward trend

SHNY saw its Momentum Indicator move above the 0 level on May 23, 2025. 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 42 similar instances where the indicator turned positive. In of the 42 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

SHNY moved above its 50-day moving average on May 19, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHNY advanced for three days, in of 149 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for SHNY moved out of overbought territory on April 22, 2025. 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 19 similar instances where the indicator moved out of overbought territory. In of the 19 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Moving Average Convergence Divergence Histogram (MACD) for SHNY turned negative on April 30, 2025. 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 19 similar instances when the indicator turned negative. In of the 19 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 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 .

SHNY broke above its upper Bollinger Band on April 21, 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 Aroon Indicator for SHNY entered a downward trend on May 23, 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.

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SHNY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Commodities
Address
100 King Street West, 1 First Canadian PlaceToronto, Ontario, M5X 1A1.Toronto
Phone
N/A
Web
N/A
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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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SHNY
1D Price
Change %
SHNY100%
+6.04%
DGP - SHNY
98%
Closely correlated
+3.99%
GDXU - SHNY
82%
Closely correlated
+6.23%
UGL - SHNY
53%
Loosely correlated
+4.38%
AGQ - SHNY
43%
Loosely correlated
+2.97%
UCO - SHNY
4%
Poorly correlated
+2.12%
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