XRMI Global X S&P 500® Risk Managed Inc 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 S&P 500 Risk Managed Income Index ("underlying index")... Show more
XRMI in -0.96% downward trend, sliding for three consecutive days on May 21, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where XRMI declined for three days, in of 178 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on XRMI as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
XRMI moved above its 50-day moving average on June 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for XRMI crossed bullishly above the 50-day moving average on June 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 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 XRMI advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .
XRMI 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 273 cases where XRMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Trading
XRMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, XRMI has been closely correlated with JEPQ. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if XRMI jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To XRMI | 1D Price Change % | ||
|---|---|---|---|---|
| XRMI | 100% | -0.21% | ||
| JEPQ - XRMI | 80% Closely correlated | -0.85% | ||
| XYLD - XRMI | 65% Loosely correlated | -0.31% | ||
| QYLD - XRMI | 60% Loosely correlated | -0.24% | ||
| KNG - XRMI | 55% Loosely correlated | -0.99% | ||
| OARK - XRMI | 47% Loosely correlated | +0.75% | ||
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