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DMAT Stock Tickeron detected bearish ETF Pattern: Pennant DMAT on April 02, 2025, netting in a 15.97% gain over 2 months

A.I.dvisor
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+15.97% Gain from a Successful pattern Pennant
DMAT - Global X Disruptive Materials ETF
Tickeron
Ticker: DMAT
Company: Global X Disruptive Materials ETF
Gain from shorting: +15.97%
Confirmed: 04/02/25
Succeeded: 04/07/25
Total length: 62 days
On February 04, 2025, A.I.dvisor detected a Pennant Pattern (Bearish) for Global X Disruptive Materials ETF (DMAT, $14.65). 57 days later, on April 02, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $12.14 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

Category NaturalResources

Profile
Fundamentals
Details
Category
Natural Resources
Address
Global X Funds600 Lexington Avenue, 20th FloorNew York
Phone
+1 8884938631
Web
www.globalxfunds.com