FITE Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse FITE on April 02, 2025, netting in a 5.75% gain over 1 day

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FITE - SPDR® S&P Kensho Future Security ETF

Ticker: FITE

Company: SPDR® S&P Kensho Future Security ETF

Gain from shorting: +5.75%

Confirmed: 04/02/25

Succeeded: 04/03/25

Total length: 1 day

FITE sees MACD Histogram crosses below signal line

FITE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 03, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 49 instances where the indicator turned negative. In of the 49 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 March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on FITE as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 FITE 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 FITE entered a downward trend on March 24, 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 FITE's RSI Indicator exited the oversold zone, of 26 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 59 cases where FITE'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 FITE advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

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