GINN Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending GINN on May 12, 2025, netting in a 20.19% gain over 1 month

GET DAILY SIGNALS

Get AI intraday signals

GINN - Goldman Sachs Innovate Equity ETF

Ticker: GINN

Company: Goldman Sachs Innovate Equity ETF

Gain: +20.19%

Confirmed: 05/12/25

Succeeded: 05/12/25

Total length: 35 days

GINN in +3.95% Uptrend, advancing for three consecutive days on May 13, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GINN advanced for three days, in of 319 cases, the price rose 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 April 21, 2025. You may want to consider a long position or call options on GINN as a result. In of 61 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 GINN just turned positive on April 15, 2025. Looking at past instances where GINN's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

GINN moved above its 50-day moving average on April 29, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for GINN crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 279 cases where GINN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for GINN moved below the 200-day moving average on April 22, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

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

GINN broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.