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

QYLD's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for QYLD turned positive on February 06, 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QYLD advanced for three days, in of 423 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 451 cases where QYLD 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 9 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 QYLD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .