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 March 31, 2025
SHNY broke above its upper Bollinger Band on March 31, 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 27 similar instances where the stock broke above the upper band. In of the 27 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SHNY moved out of overbought territory on April 03, 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 demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 Momentum Indicator moved above the 0 level on March 12, 2025. You may want to consider a long position or call options on SHNY as a result. In of 39 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SHNY just turned positive on March 14, 2025. Looking at past instances where SHNY's MACD turned positive, the stock continued to rise in of 19 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 135 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 85 cases where SHNY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| TFI | 45.33 | 0.21 | +0.47% |
| SPDR® Nuveen Blmbg Muni Bd ETF | |||
| BUYZ | 35.14 | N/A | N/A |
| Franklin Disruptive Commerce ETF | |||
| USDU | 26.75 | -0.43 | -1.58% |
| WisdomTree Bloomberg US Dllr Bullish ETF | |||
| SPDV | 30.91 | -1.80 | -5.51% |
| AAM S&P 500 High Dividend Value ETF | |||
| PSI | 42.49 | -5.82 | -12.05% |
| Invesco Semiconductors ETF | |||
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% | -1.86% | ||
| DGP - SHNY | 98% Closely correlated | -1.74% | ||
| GDXU - SHNY | 81% Closely correlated | -0.37% | ||
| UGL - SHNY | 53% Loosely correlated | -2.40% | ||
| AGQ - SHNY | 43% Loosely correlated | -16.24% | ||
| UCO - SHNY | 4% Poorly correlated | -12.50% | ||
More | ||||