HYDR Global X Hydrogen 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 Solactive Global Hydrogen Index... Show more
HYDR's RSI Indicator driving into overbought territory
The RSI Indicator for HYDR moved into overbought territory on July 03, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HYDR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HYDR broke above its upper Bollinger Band on June 30, 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on HYDR as a result. In of 60 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 HYDR just turned positive on June 30, 2025. Looking at past instances where HYDR's MACD turned positive, the stock continued to rise in of 32 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 HYDR advanced for three days, in of 198 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 104 cases where HYDR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category MiscellaneousSector
HYDR and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYDR has been closely correlated with ICLN. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYDR jumps, then ICLN could also see price increases.
| Ticker / NAME | Correlation To HYDR | 1D Price Change % | ||
|---|---|---|---|---|
| HYDR | 100% | +2.16% | ||
| ICLN - HYDR | 80% Closely correlated | +2.98% | ||
| TAN - HYDR | 76% Closely correlated | +4.56% | ||
| GRID - HYDR | 66% Closely correlated | +0.52% | ||
| XT - HYDR | 66% Closely correlated | +1.16% | ||
| BOTZ - HYDR | 54% Loosely correlated | +0.92% | ||
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