VanEck Natural Resources ETF (HAP, $50.47) entered Downtrend as Momentum indicator drops below 0 level on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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HAP - VanEck Natural Resources ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $50.47
Daily change: -$0.25 (-0.5%)
Daily volume: 1.9K
Net Assets: $111.5M
This indicator may be signaling that HAP's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 77 similar cases where HAP's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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HAPDaily Signal changed days agoGain/Loss if shorted
 
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