It is expected that a price bounce should occur soon.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 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 EES advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
EES 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 288 cases where EES Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on EES as a result. In of 91 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 EES 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
EES moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EES declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Category SmallValue
A.I.dvisor indicates that over the last year, EES has been closely correlated with IWN. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if EES jumps, then IWN could also see price increases.
Ticker / NAME | Correlation To EES | 1D Price Change % | ||
---|---|---|---|---|
EES | 100% | +0.28% | ||
IWN - EES | 98% Closely correlated | +0.87% | ||
DFAT - EES | 98% Closely correlated | +0.69% | ||
AVUV - EES | 98% Closely correlated | +0.46% | ||
SLYV - EES | 97% Closely correlated | +0.77% | ||
IJS - EES | 96% Closely correlated | +0.84% | ||
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