BIZD Stock Tickeron detected bullish ETF Pattern: Rectangle Top BIZD on November 25, 2024, netting in a 3.35% gain over 1 month

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BIZD - VanEck BDC Income ETF

Ticker: BIZD

Company: VanEck BDC Income ETF

Gain: +3.35%

Confirmed: 11/25/24

Succeeded: 01/02/25

Total length: 41 days

BIZD in upward trend: price rose above 50-day moving average on December 19, 2024

BIZD moved above its 50-day moving average on December 19, 2024 date and that indicates a change from a downward trend to an upward trend. In of 45 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 24, 2024. You may want to consider a long position or call options on BIZD as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 BIZD advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for BIZD moved out of overbought territory on January 06, 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 56 similar instances where the indicator moved out of overbought territory. In of the 56 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 69 cases where BIZD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BIZD turned negative on January 08, 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 45 similar instances when the indicator turned negative. In of the 45 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 BIZD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .