CTEC Global X CleanTech ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index... Show more
Momentum Indicator for CTEC turns positive, indicating new upward trend
CTEC saw its Momentum Indicator move above the 0 level on June 24, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 80 similar instances where the indicator turned positive. In of the 80 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for CTEC just turned positive on June 26, 2025. Looking at past instances where CTEC's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
The 50-day moving average for CTEC moved above the 200-day moving average on July 14, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CTEC advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 160 cases where CTEC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 19 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
CTEC broke above its upper Bollinger Band on July 22, 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.
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General Information
Category WorldStock
CTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CTEC has been closely correlated with ROBO. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if CTEC jumps, then ROBO could also see price increases.
| Ticker / NAME | Correlation To CTEC | 1D Price Change % | ||
|---|---|---|---|---|
| CTEC | 100% | N/A | ||
| ROBO - CTEC | 74% Closely correlated | +0.36% | ||
| SDIV - CTEC | 70% Closely correlated | -0.96% | ||
| PSP - CTEC | 69% Closely correlated | -0.07% | ||
| TMAT - CTEC | 53% Loosely correlated | -0.02% | ||
| INFL - CTEC | 44% Loosely correlated | +0.21% |