Momentum Indicator for MEXX turns positive, indicating new upward trend
MEXX saw its Momentum Indicator move above the 0 level on June 30, 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 82 similar instances where the indicator turned positive. In of the 82 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 MEXX just turned positive on July 01, 2025. Looking at past instances where MEXX's MACD turned positive, the stock continued to rise in of 50 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 MEXX advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
MEXX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 253 cases where MEXX 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 has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 MEXX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Trading
MEXX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MEXX has been loosely correlated with SSO. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if MEXX jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To MEXX | 1D Price Change % | ||
|---|---|---|---|---|
| MEXX | 100% | +0.38% | ||
| SSO - MEXX | 37% Loosely correlated | N/A | ||
| SPXL - MEXX | 35% Loosely correlated | +2.27% | ||
| TSLL - MEXX | 30% Poorly correlated | -0.43% | ||
| MLPR - MEXX | 30% Poorly correlated | +0.21% | ||
| QLD - MEXX | 28% Poorly correlated | +1.88% | ||
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