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GEM Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top GEM on April 03, 2025, netting in a 10.38% gain over 3 weeks

A.I.dvisor
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+10.38% Gain from a Successful pattern Head-and-Shoulders Top
GEM - Goldman Sachs ActiveBeta® EMkts Eq ETF
Tickeron
Ticker: GEM
Company: Goldman Sachs ActiveBeta® EMkts Eq ETF
Gain from shorting: +10.38%
Confirmed: 04/03/25
Succeeded: 04/07/25
Total length: 26 days
On March 12, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Goldman Sachs ActiveBeta® EMkts Eq ETF (GEM, $33.23). 22 days later, on April 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $30.44 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

GEM in -5.16% downward trend, falling for three consecutive days on April 08, 2025

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 GEM declined for three days, in of 262 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

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 GEM as a result. In of 86 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 GEM turned negative on March 27, 2025. 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 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .

GEM moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for GEM crossed bearishly below the 50-day moving average on April 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GEM's RSI Indicator exited the oversold zone, of 23 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 58 cases where GEM'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 GEM advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

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GEM
Daily Signalchanged days ago
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General Information

Category DiversifiedEmergingMkts

Profile
Fundamentals
Details
Category
Diversified Emerging Mkts
Address
Goldman Sachs ETF Trust200 West StreetNew York
Phone
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