EBIZ Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending EBIZ on May 12, 2025, netting in a 25.40% gain over 1 month

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EBIZ - Global X E-commerce ETF

Ticker: EBIZ

Company: Global X E-commerce ETF

Gain: +25.4%

Confirmed: 05/12/25

Succeeded: 05/12/25

Total length: 34 days

Momentum Indicator for EBIZ turns positive, indicating new upward trend

EBIZ saw its Momentum Indicator move above the 0 level on April 21, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 72 similar instances where the indicator turned positive. In of the 72 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for EBIZ just turned positive on April 17, 2025. Looking at past instances where EBIZ's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

EBIZ moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for EBIZ crossed bullishly above the 50-day moving average on May 06, 2025. 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EBIZ advanced for three days, in of 343 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 261 cases where EBIZ 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 has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

EBIZ broke above its upper Bollinger Band on May 12, 2025. 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.