EFAS Stock Tickeron detected bearish ETF Pattern: Wedge Rising EFAS on October 02, 2024, netting in a 7.99% gain over 1 month

GET DAILY SIGNALS

Get AI intraday signals

EFAS - Global X MSCI SuperDividend® EAFE ETF

Ticker: EFAS

Company: Global X MSCI SuperDividend® EAFE ETF

Gain from shortening: +7.99%

Confirmed: 10/02/24

Succeeded: 11/12/24

Total length: 56 days

EFAS in -2.28% downward trend, falling for three consecutive days on November 13, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EFAS declined for three days, in of 237 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

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 EFAS advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .

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