QYLD Global X NASDAQ 100 Covered Call ETF Forecast, Technical & Fundamental Analysis

QYLD's RSI Indicator ascending out of oversold territory

The RSI Oscillator for QYLD moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 01, 2025. You may want to consider a long position or call options on QYLD as a result. In of 68 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 QYLD just turned positive on April 11, 2025. Looking at past instances where QYLD's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

QYLD moved above its 50-day moving average on May 09, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for QYLD crossed bullishly above the 50-day moving average on May 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 QYLD advanced for three days, in of 426 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for QYLD moved below the 200-day moving average on April 23, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

The Aroon Indicator for QYLD entered a downward trend on April 16, 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.