ACES Stock ALPS Clean Energy ETF (ACES, $29.12) entered Uptrend as Momentum indicator ascends above 0 level on Oct 16, 2024

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ACES - ALPS Clean Energy ETF

Momentum signal

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Odds of UP Trend

Price: $29.12

Daily change: +$0.77 (+2.72%)

Daily volume: 59K

Net Assets: $182.5M

ACES in +2.63% Uptrend, advancing for three consecutive days on October 07, 2024

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 ACES advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 47 cases where ACES's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

ACES moved above its 50-day moving average on October 18, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ACES crossed bullishly above the 50-day moving average on September 24, 2024. 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 .

The Aroon Indicator entered an Uptrend today. In of 298 cases where ACES 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 Momentum Indicator moved below the 0 level on October 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ACES as a result. In of 66 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ACES turned negative on October 03, 2024. 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 43 similar instances when the indicator turned negative. In of the 43 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 ACES declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .