The investment seeks to track the investment results of the Cboe TLT 2% OTM BuyWrite Index that reflects a strategy of holding the iShares 20+ Year Treasury Bond ETF while writing (selling) one-month call options to generate income... Show more
TLTW moved below its 50-day moving average on May 08, 2025 date and that indicates a change from an upward trend to a downward trend. In of 20 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 28 cases where TLTW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on May 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on TLTW as a result. In of 38 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 10-day moving average for TLTW crossed bearishly below the 50-day moving average on April 15, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 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 TLTW 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TLTW's RSI Oscillator exited the oversold zone, of 22 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 TLTW just turned positive on April 25, 2025. Looking at past instances where TLTW'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 .
The 50-day moving average for TLTW moved above the 200-day moving average on April 29, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TLTW advanced for three days, in of 180 cases, the price rose further within the following month. The odds of a continued upward trend are .
TLTW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Category Trading
A.I.dvisor indicates that over the last year, TLTW has been closely correlated with TLT. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if TLTW jumps, then TLT could also see price increases.
Ticker / NAME | Correlation To TLTW | 1D Price Change % | ||
---|---|---|---|---|
TLTW | 100% | +0.04% | ||
TLT - TLTW | 87% Closely correlated | +0.15% | ||
SPTL - TLTW | 87% Closely correlated | +0.15% | ||
VGLT - TLTW | 86% Closely correlated | +0.16% | ||
TLH - TLTW | 86% Closely correlated | +0.16% | ||
IEF - TLTW | 80% Closely correlated | +0.07% | ||
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