EQLS Simplify Market Neutral Eq Long/Shrt ETF Forecast, Technical & Fundamental Analysis

EQLS in upward trend: price rose above 50-day moving average on January 08, 2025

EQLS moved above its 50-day moving average on January 08, 2025 date and that indicates a change from a downward trend to an upward trend. In of 6 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on EQLS as a result. In of 25 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 EQLS just turned positive on January 08, 2025. Looking at past instances where EQLS's MACD turned positive, the stock continued to rise in of 15 cases over the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EQLS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .