Momentum Indicator for ULTY turns positive, indicating new upward trend
ULTY saw its Momentum Indicator move above the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 20 similar instances where the indicator turned positive. In of the 20 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ULTY's RSI Oscillator exited the oversold zone, of 6 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 ULTY just turned positive on April 14, 2025. Looking at past instances where ULTY's MACD turned positive, the stock continued to rise in of 11 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 ULTY advanced for three days, in of 62 cases, the price rose further within the following month. The odds of a continued upward trend are .
ULTY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
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 ULTY 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 ULTY entered a downward trend on April 07, 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 Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| NCV | 13.00 | 0.14 | +1.09% |
| Virtus Convertible & Income Fund | |||
| CLSM | 19.93 | 0.14 | +0.72% |
| Cabana Target Leading Sector Mod ETF | |||
| KNCT | 100.53 | 0.69 | +0.69% |
| Invesco Next Gen Connectivity ETF | |||
| SPDW | 37.54 | 0.10 | +0.27% |
| SPDR® Portfolio Developed Wld ex-US ETF | |||
| FTA | 72.94 | -0.39 | -0.53% |
| First Trust Large Cap Val AlphaDEX® ETF | |||
ULTY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ULTY has been closely correlated with JEPQ. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if ULTY jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To ULTY | 1D Price Change % | ||
|---|---|---|---|---|
| ULTY | 100% | +1.38% | ||
| JEPQ - ULTY | 82% Closely correlated | +0.91% | ||
| QYLD - ULTY | 77% Closely correlated | +0.37% | ||
| JEPI - ULTY | 66% Closely correlated | +0.29% | ||
| DIVO - ULTY | 65% Loosely correlated | +0.23% | ||
| KNG - ULTY | 45% Loosely correlated | -0.66% |