MENU

CDX Stock Tickeron detected bullish ETF Pattern: Three Rising Valleys CDX on April 02, 2025, netting in a 8.93% gain over 2 weeks

A.I.dvisor
at Tickeron.com
Loading...
+8.93% Gain from a Successful pattern Three Rising Valleys
CDX - Simplify High Yield ETF
Tickeron
Ticker: CDX
Company: Simplify High Yield ETF
Gain: +8.93%
Confirmed: 04/02/25
Succeeded: 04/09/25
Total length: 15 days
On March 25, 2025, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for Simplify High Yield ETF (CDX, $22.85). On April 02, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $23.94. 7 days later, on April 09, 2025, CDX reached the target price resulting in a for traders who took a long position in the stock.

CDX in upward trend: price rose above 50-day moving average on April 09, 2025

CDX moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend. In of 33 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

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 44 cases where CDX'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 April 25, 2025. You may want to consider a long position or call options on CDX as a result. In of 58 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 CDX just turned positive on April 24, 2025. Looking at past instances where CDX's MACD turned positive, the stock continued to rise in of 32 cases 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 CDX advanced for three days, in of 175 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 CDX moved out of overbought territory on April 10, 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 18 similar instances where the indicator moved out of overbought territory. In of the 18 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 CDX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CDX broke above its upper Bollinger Band on April 09, 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.

View a ticker or compare two or three
CDX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category HighYieldBond

Profile
Fundamentals
Details
Category
High Yield Bond
Address
Simplify Exchange Traded Funds154 W 14TH ST FLOOR 2
Phone
614-469-3294
Web
N/A