CMDT PIMCO Commodity Strategy Act Exc-Trd Fd Forecast, Technical & Fundamental Analysis

CMDT in -1.38% downward trend, falling for three consecutive days on December 19, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CMDT declined for three days, in of 93 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Momentum Indicator moved above the 0 level on December 31, 2024. You may want to consider a long position or call options on CMDT 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 .

The Moving Average Convergence Divergence (MACD) for CMDT just turned positive on December 30, 2024. Looking at past instances where CMDT's MACD turned positive, the stock continued to rise in of 15 cases over the following month. The odds of a continued upward trend are .

CMDT moved above its 50-day moving average on December 26, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CMDT crossed bullishly above the 50-day moving average on January 03, 2025. 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 CMDT advanced for three days, in of 116 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 72 cases where CMDT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .