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's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for SHNY turned positive on August 05, 2025. Looking at past instances where SHNY's MACD turned positive, the stock continued to rise in of 23 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 07, 2025. You may want to consider a long position or call options on SHNY as a result. In of 48 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
SHNY moved above its 50-day moving average on August 07, 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 159 cases, the price rose further within the following month. The odds of a continued upward trend are .
SHNY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 106 cases where SHNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for SHNY crossed bearishly below the 50-day moving average on July 28, 2025. 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 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 .
Advertisement
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% | +2.43% | ||
| DGP - SHNY | 98% Closely correlated | +1.61% | ||
| UGL - SHNY | 98% Closely correlated | +2.01% | ||
| GDXU - SHNY | 81% Closely correlated | +3.55% | ||
| AGQ - SHNY | 61% Loosely correlated | +2.73% | ||
| UCO - SHNY | 23% Poorly correlated | -0.04% | ||
More | ||||