WANT sees MACD Histogram just turned negative
WANT saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 04, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WANT as a result. In of 76 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 WANT 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 WANT entered a downward trend on April 09, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WANT's RSI Indicator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WANT advanced for three days, in of 364 cases, the price rose further within the following month. The odds of a continued upward trend are .
WANT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
WANT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WANT has been closely correlated with SPXL. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if WANT jumps, then SPXL could also see price increases.
| Ticker / NAME | Correlation To WANT | 1D Price Change % | ||
|---|---|---|---|---|
| WANT | 100% | +30.86% | ||
| SPXL - WANT | 86% Closely correlated | +27.56% | ||
| SSO - WANT | 86% Closely correlated | +18.75% | ||
| TQQQ - WANT | 82% Closely correlated | +35.24% | ||
| QLD - WANT | 82% Closely correlated | +23.49% | ||
| TSLL - WANT | 81% Closely correlated | +45.21% | ||
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