HDGE Stock AdvisorShares Ranger Equity Bear ETF (HDGE, $16.99) entered Uptrend as Momentum indicator ascends above 0 level on Dec 12, 2024

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HDGE - AdvisorShares Ranger Equity Bear ETF

Momentum signal

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Odds of UP Trend

Price: $16.99

Daily change: +$0.13 (+0.77%)

Daily volume: 20.5K

Net Assets: $47.1M

HDGE in +1.00% Uptrend, rising for three consecutive days on December 17, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where HDGE advanced for three days, in of 270 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where HDGE's RSI Indicator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 12, 2024. You may want to consider a long position or call options on HDGE as a result. In of 75 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 HDGE just turned positive on December 05, 2024. Looking at past instances where HDGE's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HDGE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HDGE broke above its upper Bollinger Band on December 17, 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 HDGE entered a downward trend on December 05, 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.