EMLP Stock First Trust North Amer Engy InfrasETF (EMLP, $37.65) price may drop as it broke higher Bollinger Band on Feb 18, 2025

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EMLP - First Trust North Amer Engy InfrasETF

Bollinger signal

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Odds of DOWN Trend

Price: $37.65

Daily change: +$0.36 (+0.97%)

Daily volume: 371K

Net Assets: $3.2B

EMLP in downward trend: price expected to drop as it breaks its higher Bollinger Band on February 18, 2025

EMLP broke above its upper Bollinger Band on February 18, 2025. 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 41 similar instances where the stock broke above the upper band. In of the 41 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for EMLP moved out of overbought territory on January 22, 2025. 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 47 similar instances where the indicator moved out of overbought territory. In of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EMLP 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 Momentum Indicator moved above the 0 level on February 14, 2025. You may want to consider a long position or call options on EMLP as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EMLP just turned positive on February 19, 2025. Looking at past instances where EMLP's MACD turned positive, the stock continued to rise in of 43 cases over the following month. 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 EMLP advanced for three days, in of 378 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 320 cases where EMLP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .