ECNS Stock iShares MSCI China Small-Cap ETF (ECNS, $26.85) entered Downtrend as Momentum indicator drops below 0 level on Nov 11, 2024

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ECNS - iShares MSCI China Small-Cap ETF

Momentum signal

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Odds of DOWN Trend

Price: $26.85

Daily change: +$0.15 (+0.56%)

Daily volume: 12.6K

Net Assets: $64.8M

ECNS in downward trend: price dove below 50-day moving average on November 14, 2024

ECNS moved below its 50-day moving average on November 14, 2024 date and that indicates a change from an upward trend to a downward trend. In of 33 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ECNS as a result. In of 86 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 10-day moving average for ECNS crossed bearishly below the 50-day moving average on November 21, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

ECNS broke above its upper Bollinger Band on November 07, 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.

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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ECNS advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .