ASHR Stock Xtrackers Harvest CSI 300 China A ETF (ASHR, $27.93) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 8, 2024

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ASHR - Xtrackers Harvest CSI 300 China A ETF

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Odds of DOWN Trend

Price: $27.93

Daily change: -$1.76 (-5.93%)

Daily volume: 22.7M

Net Assets: $3.7B

ASHR in downward trend: price expected to drop as it breaks its higher Bollinger Band on November 07, 2024

ASHR 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 A.I.dvisor looked at 31 similar instances where the stock broke above the upper band. In of the 31 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ASHR turned negative on November 08, 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 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ASHR 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 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 Momentum Indicator moved above the 0 level on November 04, 2024. You may want to consider a long position or call options on ASHR as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 ASHR advanced for three days, in of 273 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 197 cases where ASHR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .