GOVI Stock Tickeron detected bullish ETF Pattern: Cup-and-Handle GOVI on January 27, 2025, netting in a 1.45% gain over 1 week

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GOVI - Invesco Equal Weight 0-30 Years Trs ETF

Ticker: GOVI

Company: Invesco Equal Weight 0-30 Years Trs ETF

Gain: +1.45%

Confirmed: 01/27/25

Succeeded: 02/04/25

Total length: 12 days

GOVI in upward trend: 10-day moving average crossed above 50-day moving average on February 07, 2025

The 10-day moving average for GOVI crossed bullishly above the 50-day moving average on February 07, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 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 .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for GOVI just turned positive on January 16, 2025. Looking at past instances where GOVI's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

GOVI moved above its 50-day moving average on February 13, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOVI advanced for three days, in of 291 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 200 cases where GOVI 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 10-day RSI Indicator for GOVI moved out of overbought territory on February 07, 2025. 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 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where GOVI's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GOVI as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 GOVI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GOVI broke above its upper Bollinger Band on February 05, 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.