XFLT XAI Octagon Floating Rate and Alternative Income Trust Forecast, Technical & Fundamental Analysis
XAI Octagon Floating Rate & Alternative Income Trust is a diversified, closed-end management investment company which invests in a dynamically managed portfolio of floating-rate credit instruments and other structured credit investments within the private markets... Show more
XFLT in +1.07% Uptrend, advancing for three consecutive days on April 28, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where XFLT advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XFLT's RSI Indicator exited the oversold zone, of 13 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on XFLT as a result. In of 105 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XFLT just turned positive on April 17, 2025. Looking at past instances where XFLT's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .
XFLT 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 9 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 XFLT 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 XFLT entered a downward trend on April 16, 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
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XFLT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XFLT has been loosely correlated with JBBB. These tickers have moved in lockstep 55% of the time. This A.I.-generated data suggests there is some statistical probability that if XFLT jumps, then JBBB could also see price increases.
| Ticker / NAME | Correlation To XFLT | 1D Price Change % | ||
|---|---|---|---|---|
| XFLT | 100% | +0.53% | ||
| JBBB - XFLT | 55% Loosely correlated | +0.02% | ||
| JQC - XFLT | 35% Loosely correlated | +1.33% | ||
| JFR - XFLT | 33% Poorly correlated | +0.24% | ||
| HFRO - XFLT | 19% Poorly correlated | -0.78% | ||
| OXLC - XFLT | 14% Poorly correlated | N/A | ||
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