AMAX Adaptive Hedged Multi-Asset Income ETF Forecast, Technical & Fundamental Analysis

AMAX in -0.51% downward trend, declining for three consecutive days on January 08, 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 AMAX declined for three days, in of 159 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AMAX as a result. In of 59 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

AMAX moved below its 50-day moving average on December 19, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for AMAX crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMAX advanced for three days, in of 184 cases, the price rose further within the following month. The odds of a continued upward trend are .

AMAX 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 148 cases where AMAX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .