WEIX Dynamic Short Short-Term Volatility Futures ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for WEIX turns positive, indicating new upward trend
WEIX saw its Momentum Indicator move above the 0 level on January 03, 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 43 similar instances where the indicator turned positive. In of the 43 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
General Information
Category Unknown
WEIX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, WEIX has been loosely correlated with QQQY. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if WEIX jumps, then QQQY could also see price increases.
| Ticker / NAME | Correlation To WEIX | 1D Price Change % | ||
|---|---|---|---|---|
| WEIX | 100% | N/A | ||
| QQQY - WEIX | 49% Loosely correlated | +0.13% | ||
| SVXY - WEIX | 36% Loosely correlated | +0.29% | ||
| UDN - WEIX | 15% Poorly correlated | -0.24% | ||
| EUO - WEIX | 1% Poorly correlated | +0.41% | ||
| XDQQ - WEIX | -2% Poorly correlated | -0.15% | ||
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