GDE Stock WisdomTree Efcnt Gld Pls Eq Stgy ETF (GDE, $37.45) RSI Indicator left the overbought zone on October 31, 2024

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GDE - WisdomTree Efcnt Gld Pls Eq Stgy ETF

RSI signal

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Odds of DOWN Trend

Price: $37.45

Daily change: -$1.45 (-3.73%)

Daily volume: 18.4K

Net Assets: $53.9M

GDE in -3.19% downward trend, declining for three consecutive days on November 15, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GDE declined for three days, in of 130 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for GDE moved out of overbought territory on October 31, 2024. 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 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on November 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GDE as a result. In of 46 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GDE turned negative on October 31, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 20 similar instances when the indicator turned negative. In of the 20 cases the stock turned lower in the days that followed. This puts the odds of success at .

GDE moved below its 50-day moving average on November 15, 2024 date and that indicates a change from an upward trend to a downward trend.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GDE advanced for three days, in of 205 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 155 cases where GDE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .