ENZL Stock iShares MSCI New Zealand ETF (ENZL, $45.24) Stochastic Oscillator left the overbought zone on January 29, 2025

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ENZL - iShares MSCI New Zealand ETF

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Odds of DOWN Trend

Price: $45.24

Daily change: -$0.12 (-0.26%)

Daily volume: 2K

Net Assets: $75M

ENZL's Indicator enters downward trend

The Aroon Indicator for ENZL entered a downward trend on January 16, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 214 similar instances where the Aroon Indicator formed such a pattern. In of the 214 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where ENZL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

ENZL moved below its 50-day moving average on January 24, 2025 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for ENZL moved below the 200-day moving average on January 21, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENZL 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 January 23, 2025. You may want to consider a long position or call options on ENZL as a result. In of 85 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 ENZL just turned positive on January 15, 2025. Looking at past instances where ENZL's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

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