CARZ Stock First Trust S-Network Fut Vhcl&Tech ETF (CARZ, $56.65) entered Downtrend as Momentum indicator drops below 0 level on Nov 15, 2024

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CARZ - First Trust S-Network Fut Vhcl&Tech ETF

Momentum signal

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Odds of DOWN Trend

Price: $56.65

Daily change: -$0.91 (-1.57%)

Daily volume: 763

Net Assets: $31.6M

Momentum Indicator for CARZ turns negative, indicating new downward trend

CARZ saw its Momentum Indicator move below the 0 level on November 15, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 84 similar instances where the indicator turned negative. In of the 84 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for CARZ turned negative on November 13, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

CARZ moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

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

CARZ broke above its upper Bollinger Band on October 28, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CARZ advanced for three days, in of 298 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 251 cases where CARZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .