YOLO AdvisorShares Pure Cannabis ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for YOLO turns negative, indicating new downward trend
YOLO saw its Momentum Indicator move below the 0 level on February 19, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 73 similar instances where the indicator turned negative. In of the 73 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for YOLO turned negative on February 19, 2025. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where YOLO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
YOLO broke above its upper Bollinger Band on February 05, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for YOLO entered a downward trend on February 12, 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where YOLO advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category MiscellaneousSector
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ICPAX | 6.30 | N/A | N/A |
| Integrity Mid-North American Resources A | |||
| JBGCX | 54.17 | N/A | N/A |
| JHancock Blue Chip Growth C | |||
| RMQCX | 506.98 | N/A | N/A |
| Rydex Monthly Rbl NASDAQ-100® 2x Strt C | |||
| PSUYX | 12.16 | N/A | N/A |
| Pioneer Global Sustainable Value Y | |||
| REFGX | 7.10 | -0.02 | -0.28% |
| Emerging Markets Growth Fund R-6 | |||
YOLO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, YOLO has been closely correlated with MSOS. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if YOLO jumps, then MSOS could also see price increases.
| Ticker / NAME | Correlation To YOLO | 1D Price Change % | ||
|---|---|---|---|---|
| YOLO | 100% | +1.43% | ||
| MSOS - YOLO | 90% Closely correlated | +2.75% | ||
| QCLN - YOLO | 31% Poorly correlated | -0.32% | ||
| JETS - YOLO | 31% Poorly correlated | -0.73% | ||
| XT - YOLO | 25% Poorly correlated | +0.08% | ||
| BOTZ - YOLO | 22% Poorly correlated | -0.03% | ||
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