CARY in upward trend: price rose above 50-day moving average on November 29, 2024
CARY moved above its 50-day moving average on November 29, 2024 date and that indicates a change from a downward trend to an upward trend. In of 13 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on CARY as a result. In of 29 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 CARY just turned positive on November 14, 2024. Looking at past instances where CARY's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for CARY crossed bullishly above the 50-day moving average on December 05, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 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 CARY advanced for three days, in of 139 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 CARY moved out of overbought territory on December 11, 2024. 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 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CARY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
CARY 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.
General Information
Category MultisectorBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MVGBX | 16.67 | -0.06 | -0.36% |
| MFS Low Volatility Global Equity B | |||
| RGLHX | 24.08 | -0.10 | -0.41% |
| American Funds Global Insight R-2E | |||
| TRNEX | 37.59 | -0.30 | -0.79% |
| T. Rowe Price New Era I | |||
| FEXRX | 11.56 | -0.15 | -1.28% |
| First Eagle U.S. SMID Cap Opportunity R6 | |||
| SDYYX | 17.60 | -1.56 | -8.14% |
| SEI Dynamic Asset Allocation Y (SIMT) | |||
CARY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CARY has been loosely correlated with PYLD. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if CARY jumps, then PYLD could also see price increases.
| Ticker / NAME | Correlation To CARY | 1D Price Change % | ||
|---|---|---|---|---|
| CARY | 100% | -0.14% | ||
| PYLD - CARY | 65% Loosely correlated | -0.08% | ||
| CGMS - CARY | 64% Loosely correlated | -0.18% | ||
| DIAL - CARY | 64% Loosely correlated | -0.09% | ||
| JPIE - CARY | 56% Loosely correlated | +0.02% | ||
| BINC - CARY | 55% Loosely correlated | -0.02% | ||
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