ECML in downward trend: price may decline as a result of having broken its higher Bollinger Band on November 25, 2024
ECML 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. The A.I.dvisor looked at 12 similar instances where the stock broke above the upper band. In of the 12 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 05, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ECML as a result. In of 23 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 ECML turned negative on December 04, 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 19 similar instances when the indicator turned negative. In of the 19 cases the stock turned lower in the days that followed. This puts the odds of success at .
ECML moved below its 50-day moving average on December 10, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ECML crossed bearishly below the 50-day moving average on December 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ECML declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Aroon Indicator entered an Uptrend today. In of 83 cases where ECML Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category SmallValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TNBIX | 19.16 | N/A | N/A |
| 1290 SmartBeta Equity I | |||
| FASMX | 21.33 | -0.05 | -0.23% |
| Fidelity Asset Manager 50% | |||
| CAREX | 16.56 | -0.06 | -0.36% |
| Domini Sustainable Solutions Inv | |||
| IPOYX | 19.23 | -0.12 | -0.62% |
| Delaware Ivy Systematic Em Mkts Eq Y | |||
| WSMRX | 32.59 | -0.32 | -0.97% |
| William Blair Small-Mid Cap Growth R6 | |||
ECML and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ECML has been closely correlated with AVUV. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if ECML jumps, then AVUV could also see price increases.
| Ticker / NAME | Correlation To ECML | 1D Price Change % | ||
|---|---|---|---|---|
| ECML | 100% | N/A | ||
| AVUV - ECML | 91% Closely correlated | -1.40% | ||
| CALF - ECML | 91% Closely correlated | -1.27% | ||
| DFAT - ECML | 91% Closely correlated | -1.32% | ||
| VBR - ECML | 90% Closely correlated | -1.18% | ||
| FDM - ECML | 89% Closely correlated | -1.16% | ||
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