CSD Stock Invesco S&P Spin-Off ETF (CSD, $89.24) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 22, 2024

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CSD - Invesco S&P Spin-Off ETF

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Odds of UP Trend

Price: $89.24

Daily change: +$2.59 (+2.98%)

Daily volume: 3.5K

Net Assets: $69.3M

CSD's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for CSD turned positive on November 22, 2024. Looking at past instances where CSD's MACD turned positive, the stock continued to rise in of 54 cases 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 21, 2024. You may want to consider a long position or call options on CSD as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 CSD advanced for three days, in of 348 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 287 cases where CSD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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 November 22, 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.