GMAR Stock Tickeron detected bullish ETF Pattern: Three Rising Valleys on January 08, 2025

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GMAR - FT Vest U.S. Eq Mod Buffr ETF - Mar

Emerged: 01/08/25

Breakout: $37.75

Price: $37.54

Target price: $38.27

Momentum Indicator for GMAR turns positive, indicating new upward trend

GMAR saw its Momentum Indicator move above the 0 level on January 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 19 similar instances where the indicator turned positive. In of the 19 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GMAR's RSI Indicator exited the oversold zone, of 6 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 GMAR advanced for three days, in of 147 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 226 cases where GMAR 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 Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 20 cases where GMAR's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 GMAR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .