AHOY in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 17, 2024
AHOY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 18 cases where AHOY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for AHOY's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The 10-day moving average for AHOY crossed bullishly above the 50-day moving average on December 04, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 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 .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on AHOY as a result. In of 36 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 AHOY turned negative on December 13, 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 20 similar instances when the indicator turned negative. In of the 20 cases the stock turned lower in the days that followed. This puts the odds of success at .
AHOY moved below its 50-day moving average on December 12, 2024 date and that indicates a change from an upward trend to a downward trend.
General Information
Category LargeBlend
AHOY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, AHOY has been closely correlated with XT. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if AHOY jumps, then XT could also see price increases.
| Ticker / NAME | Correlation To AHOY | 1D Price Change % | ||
|---|---|---|---|---|
| AHOY | 100% | -2.22% | ||
| XT - AHOY | 88% Closely correlated | -0.38% | ||
| VOO - AHOY | 88% Closely correlated | -0.42% | ||
| VIG - AHOY | 88% Closely correlated | -0.62% | ||
| BOTZ - AHOY | 84% Closely correlated | -0.39% | ||
| DFAU - AHOY | 75% Closely correlated | -0.56% | ||
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