BAMO Brookstone Opportunities ETF Forecast, Technical & Fundamental Analysis

BAMO in downward trend: price dove below 50-day moving average on January 07, 2025

BAMO 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. In of 5 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 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 BAMO as a result. In of 17 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAMO 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 suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 10 cases where BAMO'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 BAMO advanced for three days, in of 100 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 128 cases where BAMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .