NUTX in downward trend: price dove below 50-day moving average on January 10, 2025
NUTX moved below its 50-day moving average on January 10, 2025 date and that indicates a change from an upward trend to a downward trend. In of 49 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where NUTX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NUTX turned negative on January 08, 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 46 similar instances when the indicator turned negative. In of the 46 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 NUTX 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 NUTX entered a downward trend on January 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 Momentum Indicator moved above the 0 level on January 14, 2025. You may want to consider a long position or call options on NUTX as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NUTX advanced for three days, in of 153 cases, the price rose further within the following month. The odds of a continued upward trend are .
NUTX and Stocks
Correlation & Price change
A.I.dvisor indicates that over the last year, NUTX has been closely correlated with SOPA. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUTX jumps, then SOPA could also see price increases.
| Ticker / NAME | Correlation To NUTX | 1D Price Change % | ||
|---|---|---|---|---|
| NUTX | 100% | -0.13% | ||
| SOPA - NUTX | 90% Closely correlated | -2.77% | ||
| SMSI - NUTX | 87% Closely correlated | N/A | ||
| BKKT - NUTX | 86% Closely correlated | +10.53% | ||
| OLB - NUTX | 86% Closely correlated | +4.10% | ||
| MYSZ - NUTX | 86% Closely correlated | +6.74% | ||
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Groups containing NUTX
Correlation & Price change
| Ticker / NAME | Correlation To NUTX | 1D Price Change % |
|---|---|---|
| NUTX | 100% | -0.13% |
| NUTX (8 stocks) | 49% Loosely correlated | +1.21% |
| Health Services (106 stocks) | 15% Poorly correlated | +1.29% |