BJAN Innovator US Equity Buff ETF™ Jan Forecast, Technical & Fundamental Analysis

BJAN in downward trend: price may drop because broke its higher Bollinger Band on November 25, 2024

BJAN broke above its upper Bollinger Band on November 25, 2024. 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. The A.I.dvisor looked at 40 similar instances where the stock broke above the upper band. In of the 40 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Moving Average Convergence Divergence Histogram (MACD) for BJAN turned negative on December 03, 2024. 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BJAN advanced for three days, in of 358 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 469 cases where BJAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .