CWB Stock SPDR® Blmbg Convert Secs ETF (CWB, $81.42) Moving Average Convergence Divergence (MACD) Histogram turned negative on December 9, 2024

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CWB - SPDR® Blmbg Convert Secs ETF

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Odds of DOWN Trend

Price: $81.42

Daily change: -$0.36 (-0.44%)

Daily volume: 411.4K

Net Assets: $4.7B

CWB's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for CWB moved out of overbought territory on December 03, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 instances where the indicator moved out of the overbought zone. In of the 39 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 12, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CWB as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CWB turned negative on December 09, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

CWB broke above its upper Bollinger Band on November 25, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CWB advanced for three days, in of 351 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 410 cases where CWB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .