HCOM Hartford Schroders Commodity Strtgy ETF Forecast, Technical & Fundamental Analysis

HCOM in upward trend: 10-day moving average broke above 50-day moving average on December 17, 2024

The 10-day moving average for HCOM crossed bullishly above the 50-day moving average on December 17, 2024. 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 Momentum Indicator moved above the 0 level on December 11, 2024. You may want to consider a long position or call options on HCOM as a result. In of 82 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 HCOM just turned positive on December 09, 2024. Looking at past instances where HCOM's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

HCOM moved above its 50-day moving average on December 11, 2024 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 HCOM advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for HCOM moved below the 200-day moving average on December 17, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

HCOM broke above its upper Bollinger Band on December 11, 2024. 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 HCOM entered a downward trend on November 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.