BLES Stock Tickeron detected bullish ETF Pattern: Pennant BLES on May 01, 2025, netting in a 2.86% gain over 1 month

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BLES - Inspire Global Hope ETF

Ticker: BLES

Company: Inspire Global Hope ETF

Gain: +2.86%

Confirmed: 05/01/25

Succeeded: 05/12/25

Total length: 47 days

BLES in upward trend: 10-day moving average crossed above 50-day moving average on May 02, 2025

The 10-day moving average for BLES crossed bullishly above the 50-day moving average on May 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on BLES as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BLES just turned positive on April 16, 2025. Looking at past instances where BLES's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

BLES moved above its 50-day moving average on April 24, 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 BLES advanced for three days, in of 349 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 280 cases where BLES 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 BLES moved out of overbought territory on May 21, 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 42 similar instances where the indicator moved out of overbought territory. In of the 42 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 63 cases where BLES's Stochastic Oscillator exited the overbought zone, the price fell further within 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 BLES declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BLES broke above its upper Bollinger Band on May 12, 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.