HDMV Stock First Trust Hrzn MgdVolatil Dev Intl ETF (HDMV, $32.11) RSI Indicator left the overbought zone on September 19, 2024

GET DAILY SIGNALS

Get AI intraday signals

HDMV - First Trust Hrzn MgdVolatil Dev Intl ETF

RSI signal

View

Odds of DOWN Trend

Price: $32.11

Daily change: +$0.28 (+0.88%)

Daily volume: 4.3K

Net Assets: $38M

HDMV in -1.97% downward trend, sliding for three consecutive days on November 13, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HDMV declined for three days, in of 249 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 22, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HDMV as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

HDMV moved below its 50-day moving average on October 21, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for HDMV crossed bearishly below the 50-day moving average on October 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for HDMV entered a downward trend on November 15, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where HDMV's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HDMV advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

HDMV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.