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AMLP Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks AMLP on April 03, 2025, netting in a 1.69% gain over 2 weeks

A.I.dvisor
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+1.69% Gain from a Successful pattern Three Falling Peaks
AMLP - Alerian MLP ETF
Tickeron
Ticker: AMLP
Company: Alerian MLP ETF
Gain from shorting: +1.69%
Confirmed: 04/03/25
Succeeded: 04/03/25
Total length: 20 days
On March 14, 2025, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for Alerian MLP ETF (AMLP, $51.49). 20 days later, on April 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 03, 2025, the stock hit the target price of $46.89 – resulting in a gain for traders who shorted the stock on the pattern detection date.

AMLP saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for AMLP moved out of overbought territory on April 03, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 73 similar instances where the indicator exited the overbought zone. In of the 73 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AMLP as a result. In of 72 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 AMLP turned negative on April 03, 2025. 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

AMLP moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AMLP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for AMLP's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMLP advanced for three days, in of 379 cases, the price rose further within the following month. The odds of a continued upward trend are .

AMLP 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 335 cases where AMLP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category Energy

Profile
Fundamentals
Details
Category
Energy Limited Partnership
Address
ALPS ETFPO Box 328Denver
Phone
855.724.0450
Web
www.alpsfunds.com