XYLD Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top XYLD on February 24, 2025, netting in a 3.06% gain over 1 month

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XYLD - Global X S&P 500® Covered Call ETF

Ticker: XYLD

Company: Global X S&P 500® Covered Call ETF

Gain from shorting: +3.06%

Confirmed: 02/24/25

Succeeded: 03/06/25

Total length: 49 days

XYLD in downward trend: 10-day moving average broke below 50-day moving average on March 05, 2025

The 10-day moving average for XYLD crossed bearishly below the 50-day moving average on March 05, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 66 cases where XYLD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

XYLD moved below its 50-day moving average on March 03, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XYLD 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 XYLD entered a downward trend on March 24, 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 XYLD's RSI Indicator exited the oversold zone, of 19 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 01, 2025. You may want to consider a long position or call options on XYLD as a result. In of 76 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 XYLD just turned positive on March 21, 2025. Looking at past instances where XYLD's MACD turned positive, the stock continued to rise in of 47 cases over the following month. 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 XYLD advanced for three days, in of 426 cases, the price rose further within the following month. The odds of a continued upward trend are .

XYLD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.