ATFV Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending ATFV on January 27, 2025, netting in a 7.79% gain over 6 days

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ATFV - Alger 35 ETF

Ticker: ATFV

Company: Alger 35 ETF

Gain from shortening: +7.79%

Confirmed: 01/27/25

Succeeded: 01/27/25

Total length: 6 days

ATFV in downward trend: price dove below 50-day moving average on February 21, 2025

ATFV moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 25 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ATFV moved out of overbought territory on January 23, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 51 cases where ATFV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ATFV as a result. In of 63 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 ATFV turned negative on February 21, 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 33 similar instances when the indicator turned negative. In of the 33 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 ATFV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ATFV broke above its upper Bollinger Band on February 14, 2025. 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.

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ATFV advanced for three days, in of 268 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 229 cases where ATFV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .