GTEK Stock Tickeron detected bullish ETF Pattern: Head-and-Shoulders Bottom GTEK on January 16, 2025, netting in a 4.24% gain over 2 weeks

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GTEK - Goldman Sachs Future Tech Leaders Eq ETF

Ticker: GTEK

Company: Goldman Sachs Future Tech Leaders Eq ETF

Gain: +4.24%

Confirmed: 01/16/25

Succeeded: 01/23/25

Total length: 16 days

GTEK's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for GTEK turned positive on January 17, 2025. Looking at past instances where GTEK's MACD turned positive, the stock continued to rise in of 42 cases over 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 January 15, 2025. You may want to consider a long position or call options on GTEK as a result. In of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

GTEK moved above its 50-day moving average on January 28, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for GTEK crossed bullishly above the 50-day moving average on January 27, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GTEK advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

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

GTEK broke above its upper Bollinger Band on January 22, 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.

The Aroon Indicator for GTEK entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.