GREK Global X MSCI Greece 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 MSCI All Greece Select 25/50 Index... Show more
Aroon Indicator for GREK shows an upward move is likely
GREK's Aroon Indicator triggered a bullish signal on June 13, 2025. 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 414 similar instances where the Aroon Indicator showed a similar pattern. In of the 414 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 GREK advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for GREK moved out of overbought territory on June 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 50 similar instances where the indicator moved out of overbought territory. In of the 50 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for GREK turned negative on June 05, 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 .
GREK broke above its upper Bollinger Band on May 20, 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 Miscellaneous
GREK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GREK has been closely correlated with EWG. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if GREK jumps, then EWG could also see price increases.
| Ticker / NAME | Correlation To GREK | 1D Price Change % | ||
|---|---|---|---|---|
| GREK | 100% | -1.56% | ||
| EWG - GREK | 67% Closely correlated | -1.68% | ||
| BBCA - GREK | 60% Loosely correlated | -0.25% | ||
| EWA - GREK | 54% Loosely correlated | -1.20% | ||
| EWU - GREK | 51% Loosely correlated | -0.88% | ||
| EWC - GREK | 43% Loosely correlated | -0.26% | ||
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