CCSO Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending on May 24, 2024

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CCSO - Carbon Collective Climate Sol US Eq ETF

Emerged: 05/24/24

Breakout: $19.19

Price: $19.51

Target price: $19.04

CCSO sees MACD Histogram just turned negative

CCSO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 10, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 18 instances where the indicator turned negative. In of the 18 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for CCSO moved out of overbought territory on October 03, 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 12 similar instances where the indicator moved out of overbought territory. In of the 12 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 CCSO 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 Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 22 cases where CCSO'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 Momentum Indicator moved above the 0 level on October 28, 2024. You may want to consider a long position or call options on CCSO as a result. In of 30 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 CCSO advanced for three days, in of 116 cases, the price rose further within the following month. The odds of a continued upward trend are .

CCSO 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 126 cases where CCSO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .