BOAT SonicShares™ Global Shipping ETF Forecast, Technical & Fundamental Analysis

BOAT's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for BOAT turned positive on April 16, 2025. Looking at past instances where BOAT's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BOAT's RSI Oscillator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on BOAT as a result. In of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

BOAT moved above its 50-day moving average on April 28, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BOAT crossed bullishly above the 50-day moving average on May 05, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BOAT advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 208 cases where BOAT 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BOAT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .