SYLD's RSI Indicator ascending out of oversold territory
The RSI Indicator for SYLD moved out of oversold territory on December 31, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 15 similar instances when the indicator left oversold territory. In of the 15 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 53 cases where SYLD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SYLD just turned positive on January 08, 2025. Looking at past instances where SYLD's MACD turned positive, the stock continued to rise in of 47 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 SYLD advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SYLD as a result. In of 88 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 SYLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SYLD entered a downward trend on January 08, 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.
General Information
Category MidCapValue
SYLD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SYLD has been closely correlated with COWZ. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if SYLD jumps, then COWZ could also see price increases.
| Ticker / NAME | Correlation To SYLD | 1D Price Change % | ||
|---|---|---|---|---|
| SYLD | 100% | +0.47% | ||
| COWZ - SYLD | 93% Closely correlated | +0.60% | ||
| IJJ - SYLD | 90% Closely correlated | +0.37% | ||
| IWS - SYLD | 88% Closely correlated | +0.54% | ||
| VOE - SYLD | 85% Closely correlated | +0.39% | ||
| SDY - SYLD | 76% Closely correlated | +0.47% |