Alerian MLP ETF (AMLP, $50.62) entered Downtrend as Momentum indicator drops below 0 level on Apr 03, 2025

@Energy, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
AMLP - Alerian MLP ETF
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $50.62
Daily change: -$1.95 (-3.71%)
Daily volume: 1.8M
Net Assets: $10.9B

This indicator may be signaling that AMLP's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 72 similar cases where AMLP's Momentum Indicator fell below the 0 level, and 60 of them led to a successful outcome. Odds of Success: 83%.