CNXT Stock VanEck ChiNext ETF (CNXT, $22.42) Aroon Indicator entered a Downtrend on June 20, 2024.

A.I.dvisor
at Tickeron.com
06/21/24
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CNXT - VanEck ChiNext ETF
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $22.42
Daily change: -$0.85 (-3.64%)
Daily volume: 2.8K
Net Assets: $15.2M
For the last three days, A.I.dvisor has detected that CNXT's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for CNXT, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 225 similar cases, of which were successful. Based on this data, the odds of success are
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