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BKLC Stock Tickeron detected bearish ETF Pattern: Triple Tops BKLC on February 24, 2025, netting in a 4.61% gain over 2 weeks

A.I.dvisor
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+4.61% Gain from a Successful pattern Triple Tops
BKLC - BNY Mellon US Large Cap Core Equity ETF
Tickeron
Ticker: BKLC
Company: BNY Mellon US Large Cap Core Equity ETF
Gain from shorting: +4.61%
Confirmed: 02/24/25
Succeeded: 03/05/25
Total length: 20 days
On February 13, 2025, A.I.dvisor detected a Triple Tops Pattern (Bearish) for BNY Mellon US Large Cap Core Equity ETF (BKLC, $116.96). 11 days later, on February 24, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 05, 2025, the stock hit the target price of $108.97 – resulting in a gain for traders who shorted the stock on the pattern detection date.

BKLC's Indicator enters downward trend

The Aroon Indicator for BKLC entered a downward trend on April 02, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 110 similar instances where the Aroon Indicator formed such a pattern. In of the 110 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BKLC as a result. In of 75 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 10-day moving average for BKLC crossed bearishly below the 50-day moving average on March 04, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 BKLC 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BKLC's RSI Indicator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 46 cases where BKLC'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 .

The Moving Average Convergence Divergence (MACD) for BKLC just turned positive on March 21, 2025. Looking at past instances where BKLC's MACD turned positive, the stock continued to rise in of 51 cases over the following month. 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 BKLC advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .

BKLC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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General Information

Category LargeBlend

Profile
Fundamentals
Details
Category
Large Blend
Address
BNY Mellon ETF Trust
Phone
N/A
Web
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