Aroon Indicator for BIS shows an upward move is likely
BIS's Aroon Indicator triggered a bullish signal on January 22, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 156 similar instances where the Aroon Indicator showed a similar pattern. In of the 156 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
BIS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BIS as a result. In of 81 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 BIS turned negative on January 15, 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
BIS moved below its 50-day moving average on January 23, 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 BIS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Trading
BIS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BIS has been closely correlated with TZA. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if BIS jumps, then TZA could also see price increases.
| Ticker / NAME | Correlation To BIS | 1D Price Change % | ||
|---|---|---|---|---|
| BIS | 100% | -1.85% | ||
| TZA - BIS | 70% Closely correlated | -2.89% | ||
| CARD - BIS | 55% Loosely correlated | -3.17% | ||
| SPXS - BIS | 55% Loosely correlated | -1.37% | ||
| SH - BIS | 53% Loosely correlated | -0.51% | ||
| SDS - BIS | 52% Loosely correlated | -1.07% | ||
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