Momentum Indicator for EEV turns negative, indicating new downward trend
EEV saw its Momentum Indicator move below the 0 level on June 23, 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 84 similar instances where the indicator turned negative. In of the 84 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 EEV turned negative on June 26, 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 49 similar instances when the indicator turned negative. In of the 49 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 EEV 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 EEV entered a downward trend on July 03, 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 Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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 upward trend is expected.
EEV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Trading
EEV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EEV has been closely correlated with SOXS. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if EEV jumps, then SOXS could also see price increases.
| Ticker / NAME | Correlation To EEV | 1D Price Change % | ||
|---|---|---|---|---|
| EEV | 100% | -0.85% | ||
| SOXS - EEV | 70% Closely correlated | -1.32% | ||
| SPXU - EEV | 69% Closely correlated | -2.29% | ||
| PSQ - EEV | 69% Closely correlated | -0.89% | ||
| SQQQ - EEV | 68% Closely correlated | -2.70% | ||
| SDS - EEV | 67% Closely correlated | -1.51% | ||
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