Aroon Indicator for XRLX shows an upward move is likely
XRLX's Aroon Indicator triggered a bullish signal on December 26, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 97 similar instances where the Aroon Indicator showed a similar pattern. In of the 97 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XRLX advanced for three days, in of 101 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 16 cases where XRLX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on XRLX as a result. In of 16 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| BAR | 27.21 | 0.14 | +0.52% |
| GraniteShares Gold Trust | |||
| PFI | 60.06 | N/A | N/A |
| Invesco Dorsey Wright Financial Momt ETF | |||
| IJK | 96.43 | -0.20 | -0.21% |
| iShares S&P Mid-Cap 400 Growth ETF | |||
| IWML | 22.75 | -0.33 | -1.42% |
| ETRACS 2x Leveraged US Size Fctr TR ETN | |||
| XES | 85.24 | -2.27 | -2.59% |
| SPDR® S&P Oil & Gas Equipment&Svcs ETF | |||
XRLX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XRLX has been closely correlated with TBFC. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if XRLX jumps, then TBFC could also see price increases.
| Ticker / NAME | Correlation To XRLX | 1D Price Change % | ||
|---|---|---|---|---|
| XRLX | 100% | +0.73% | ||
| TBFC - XRLX | 77% Closely correlated | +1.12% | ||
| TBFG - XRLX | 75% Closely correlated | N/A | ||
| AGOX - XRLX | 65% Loosely correlated | +1.93% | ||
| YYY - XRLX | 60% Loosely correlated | +0.17% | ||
| CEFS - XRLX | 59% Loosely correlated | -1.50% |