EFZ Stock Tickeron detected bearish ETF Pattern: Broadening Bottom EFZ on January 21, 2025, netting in a 2.47% gain over 6 days

GET DAILY SIGNALS

Get AI intraday signals

EFZ - ProShares Short MSCI EAFE

Ticker: EFZ

Company: ProShares Short MSCI EAFE

Gain from shortening: +2.47%

Confirmed: 01/21/25

Succeeded: 01/23/25

Total length: 6 days

EFZ sees MACD Histogram crosses below signal line

EFZ saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on January 15, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 40 instances where the indicator turned negative. In of the 40 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 15, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EFZ as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

EFZ moved below its 50-day moving average on January 21, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EFZ crossed bearishly below the 50-day moving average on January 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 EFZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EFZ entered a downward trend on February 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EFZ's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where EFZ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EFZ advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .

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