CSD Price Prediction, Invesco S&P Spin-Off ETF AI Recommendations

CSD in +1.38% Uptrend, advancing for three consecutive days on August 04, 2022

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CSD advanced for three days, in 280 of 340 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 19, 2022. You may want to consider a long position or call options on CSD as a result. In of 79 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 CSD just turned positive on July 05, 2022. Looking at past instances where CSD's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

CSD moved above its 50-day moving average on July 28, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CSD crossed bullishly above the 50-day moving average on August 02, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CSD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CSD broke above its upper Bollinger Band on July 19, 2022. 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 CSD entered a downward trend on July 20, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)