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BBEU Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom BBEU on January 21, 2025, netting in a 5.48% gain over 1 month

A.I.dvisor
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+5.48% Gain from a Successful pattern Head-and-Shoulders Bottom
BBEU - JPMorgan BetaBuilders Europe ETF
Tickeron
Ticker: BBEU
Company: JPMorgan BetaBuilders Europe ETF
Gain: +5.48%
Confirmed: 01/21/25
Succeeded: 02/11/25
Total length: 57 days
On December 16, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for JPMorgan BetaBuilders Europe ETF (BBEU, $57.16). On January 21, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $60.58. 21 days later, on February 11, 2025, BBEU reached the target price resulting in a for traders who took a long position in the stock.

BBEU in upward trend: 10-day moving average broke above 50-day moving average on January 23, 2025

The 10-day moving average for BBEU crossed bullishly above the 50-day moving average on January 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 15, 2025. You may want to consider a long position or call options on BBEU as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

BBEU moved above its 50-day moving average on January 16, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BBEU advanced for three days, in of 334 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 290 cases where BBEU 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 10-day RSI Indicator for BBEU moved out of overbought territory on February 19, 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 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 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 BBEU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BBEU broke above its upper Bollinger Band on February 13, 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.

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BBEU
Daily Signalchanged days ago
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General Information

Category EuropeStock

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Category
Europe Stock
Address
J.P. Morgan Exchange-Traded Fund Trust270 Park AvenueNew York
Phone
(800) 480-4111
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