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ECNS Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top ECNS on April 03, 2025, netting in a 17.02% gain over 1 week

A.I.dvisor
at Tickeron.com
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+17.02% Gain from a Successful pattern Head-and-Shoulders Top
ECNS - iShares MSCI China Small-Cap ETF
Tickeron
Ticker: ECNS
Company: iShares MSCI China Small-Cap ETF
Gain from shorting: +17.02%
Confirmed: 04/03/25
Succeeded: 04/07/25
Total length: 11 days
On March 27, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for iShares MSCI China Small-Cap ETF (ECNS, $28.49). 7 days later, on April 03, 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 $25.33 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

ECNS sees MACD Histogram just turned negative

ECNS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on March 20, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ECNS as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ECNS moved below its 50-day moving average on April 04, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ECNS crossed bearishly below the 50-day moving average on April 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 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 ECNS 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 RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ECNS's RSI Oscillator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECNS advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

ECNS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 198 cases where ECNS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category PacificAsiaexJapanStk

Profile
Fundamentals
Details
Category
China Region
Address
iShares Trust400 Howard StreetSan Francisco
Phone
1-800-474-2737
Web
www.ishares.com