QYLG Global X Nasdaq 100® Covered Call&Gr 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 Cboe Nasdaq 100 Half BuyWrite V2 Index ("underlying index")... Show more
QYLG in +0.67% Uptrend, advancing for three consecutive days on May 16, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where QYLG advanced for three days, in of 337 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 392 cases where QYLG 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 10-day RSI Indicator for QYLG moved out of overbought territory on June 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Moving Average Convergence Divergence Histogram (MACD) for QYLG turned negative on June 12, 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 50 similar instances when the indicator turned negative. In of the 50 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 QYLG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QYLG broke above its upper Bollinger Band on June 03, 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.
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General Information
Category Trading
QYLG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QYLG has been closely correlated with JEPQ. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if QYLG jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To QYLG | 1D Price Change % | ||
|---|---|---|---|---|
| QYLG | 100% | -0.70% | ||
| JEPQ - QYLG | 97% Closely correlated | -0.85% | ||
| QYLD - QYLG | 88% Closely correlated | -0.24% | ||
| XYLD - QYLG | 79% Closely correlated | -0.31% | ||
| OARK - QYLG | 67% Closely correlated | +0.75% | ||
| JEPI - QYLG | 62% Loosely correlated | -0.71% | ||
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