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ECNS Stock iShares MSCI China Small-Cap ETF (ECNS, $27.16) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 14, 2024

A.I.dvisor
at Tickeron.com
10/15/24
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ECNS - iShares MSCI China Small-Cap ETF
MACD signal
Bearish Trend
Odds of DOWN Trend
Tickeron
MACD signal
Price: $27.16
Daily change: -$0.81 (-2.9%)
Daily volume: 26K
Net Assets: $66.2M
This is a Bearish indicator signaling ECNS's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 43 similar cases where ECNS's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

ECNS in downward trend: price expected to drop as it breaks its higher Bollinger Band on September 26, 2024

ECNS broke above its upper Bollinger Band on September 26, 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 36 similar instances where the stock broke above the upper band. In of the 36 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ECNS moved out of overbought territory on October 08, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on October 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ECNS as a result. In of 89 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 ECNS turned negative on October 11, 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

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 Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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.

ECNS moved above its 50-day moving average on September 19, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ECNS crossed bullishly above the 50-day moving average on September 25, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 +1 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 .

The Aroon Indicator entered an Uptrend today. In of 219 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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ECNS
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Category PacificAsiaexJapanStk

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iShares Trust400 Howard StreetSan Francisco
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