BAMA's RSI Indicator ascending out of oversold territory
The RSI Oscillator for BAMA moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 4 similar instances when the indicator left oversold territory. In of the 4 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 11 cases where BAMA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 BAMA advanced for three days, in of 100 cases, the price rose further within the following month. The odds of a continued upward trend are .
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 BAMA as a result. In of 16 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
BAMA moved below its 50-day moving average on January 07, 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 BAMA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BAMA entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category ModerateAllocation
BAMA and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BAMA has been closely correlated with AOR. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if BAMA jumps, then AOR could also see price increases.
| Ticker / NAME | Correlation To BAMA | 1D Price Change % | ||
|---|---|---|---|---|
| BAMA | 100% | +0.55% | ||
| AOR - BAMA | 93% Closely correlated | +0.31% | ||
| CGBL - BAMA | 93% Closely correlated | +0.63% | ||
| TUG - BAMA | 87% Closely correlated | +1.61% | ||
| GDMA - BAMA | 84% Closely correlated | +0.54% | ||
| CLSM - BAMA | 81% Closely correlated | +0.58% | ||
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