SXQG ETC 6 Meridian Quality Growth ETF Forecast, Technical & Fundamental Analysis
SXQG's Indicator enters downward trend
The Aroon Indicator for SXQG entered a downward trend on January 08, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 117 similar instances where the Aroon Indicator formed such a pattern. In of the 117 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
General Information
Category LargeGrowth
SXQG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SXQG has been closely correlated with QQEW. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if SXQG jumps, then QQEW could also see price increases.
| Ticker / NAME | Correlation To SXQG | 1D Price Change % | ||
|---|---|---|---|---|
| SXQG | 100% | -0.55% | ||
| QQEW - SXQG | 90% Closely correlated | +0.34% | ||
| VONG - SXQG | 10% Poorly correlated | -0.59% | ||
| QQQM - SXQG | 10% Poorly correlated | -0.17% | ||
| SCHG - SXQG | 2% Poorly correlated | -0.73% | ||
| IWF - SXQG | 2% Poorly correlated | -0.71% | ||
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