EBIZ Stock Global X E-commerce ETF (EBIZ, $28.25) Aroon Indicator entered an Uptrend on November 21, 2024.

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EBIZ - Global X E-commerce ETF

Aroon signal

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Odds of UP Trend

Price: $28.25

Daily change: +$0.34 (+1.22%)

Daily volume: 7.4K

Net Assets: $59M

EBIZ's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for EBIZ turned positive on November 20, 2024. Looking at past instances where EBIZ's MACD turned positive, the stock continued to rise in of 49 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 05, 2024. You may want to consider a long position or call options on EBIZ as a result. In of 71 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 EBIZ advanced for three days, in of 357 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 295 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 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 EBIZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EBIZ broke above its upper Bollinger Band on November 21, 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.