ALTY Stock Global X Alternative Income ETF (ALTY, $11.95) RSI Indicator left the overbought zone on October 03, 2024

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ALTY - Global X Alternative Income ETF

RSI signal

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Odds of DOWN Trend

Price: $11.95

Daily change: -$0.06 (-0.48%)

Daily volume: 25.6K

Net Assets: $33.6M

ALTY in -0.55% downward trend, sliding for three consecutive days on November 15, 2024

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 ALTY declined for three days, in of 235 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 may be shifting from an upward trend to a downward trend. In of 56 cases where ALTY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

ALTY moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

ALTY broke above its upper Bollinger Band on November 07, 2024. 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.

The Aroon Indicator for ALTY entered a downward trend on November 07, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ALTY's RSI Oscillator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on ALTY as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ALTY just turned positive on November 07, 2024. Looking at past instances where ALTY's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for ALTY crossed bullishly above the 50-day moving average on November 08, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 ALTY advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .