CMCI VanEck® CMCI Commodity Strategy ETF Forecast, Technical & Fundamental Analysis

CMCI in upward trend: 10-day moving average broke above 50-day moving average on December 12, 2024

The 10-day moving average for CMCI crossed bullishly above the 50-day moving average on December 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 2 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 27, 2024. You may want to consider a long position or call options on CMCI as a result. In of 19 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 CMCI just turned positive on November 22, 2024. Looking at past instances where CMCI's MACD turned positive, the stock continued to rise in of 13 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 CMCI advanced for three days, in of 80 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 CMCI moved out of overbought territory on December 06, 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 6 similar instances where the indicator moved out of overbought territory. In of the 6 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 16 cases where CMCI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

CMCI moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for CMCI moved below the 200-day moving average on December 17, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

CMCI broke above its upper Bollinger Band on December 12, 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.

The Aroon Indicator for CMCI entered a downward trend on November 18, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.