APLY Stock YieldMax AAPL Option Income Strategy ETF (APLY, $18.65) Aroon Indicator entered an Uptrend on December 17, 2024.
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Momentum Indicator for APLY turns positive, indicating new upward trend
APLY saw its Momentum Indicator move above the 0 level on November 14, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator turned positive. In of the 15 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for APLY just turned positive on November 14, 2024. Looking at past instances where APLY's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for APLY crossed bullishly above the 50-day moving average on November 18, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 APLY advanced for three days, in of 130 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 106 cases where APLY 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where APLY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
APLY broke above its upper Bollinger Band on December 03, 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.
General Information
Category Trading