XNTK's Stochastic Oscillator is sitting in oversold zone for 10 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 uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XNTK's RSI Indicator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that 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 XNTK advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
XNTK 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 Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on XNTK as a result. In of 68 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 Moving Average Convergence Divergence Histogram (MACD) for XNTK turned negative on September 15, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
XNTK moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XNTK crossed bearishly below the 50-day moving average on September 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 XNTK 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 XNTK entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Technology
XNTK and
Correlation & Price change
A.I.dvisor indicates that over the last year, XNTK has been closely correlated with IYW. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if XNTK jumps, then IYW could also see price increases.
| Ticker / NAME | Correlation To XNTK | 1D Price Change % | ||
|---|---|---|---|---|
| XNTK | 100% | +0.33% | ||
| IYW - XNTK | 89% Closely correlated | +0.17% | ||
| VGT - XNTK | 89% Closely correlated | +0.39% | ||
| XLK - XNTK | 87% Closely correlated | +0.34% | ||
| SMH - XNTK | 87% Closely correlated | +0.48% | ||
| SOXX - XNTK | 87% Closely correlated | +0.36% |