GDMA Stock Gadsden Dynamic Multi-Asset ETF (GDMA, $32.83) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 8, 2024

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GDMA - Gadsden Dynamic Multi-Asset ETF

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Odds of UP Trend

Price: $32.83

Daily change: -$0.03 (-0.09%)

Daily volume: 4.6K

Net Assets: $155.5M

GDMA in upward trend: price rose above 50-day moving average on November 05, 2024

GDMA moved above its 50-day moving average on November 05, 2024 date and that indicates a change from a downward trend to an upward trend. In of 42 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 November 06, 2024. You may want to consider a long position or call options on GDMA as a result. In of 93 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 GDMA just turned positive on November 08, 2024. Looking at past instances where GDMA's MACD turned positive, the stock continued to rise in of 51 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 GDMA advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .

GDMA 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 GDMA 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 GDMA entered a downward trend on November 04, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.