HEAT Touchstone Climate Transition ETF Forecast, Technical & Fundamental Analysis

HEAT in upward trend: price may jump up because it broke its lower Bollinger Band on December 19, 2024

HEAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 12 cases where HEAT's price broke its lower Bollinger Band, its price rose further in 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 HEAT's RSI Oscillator exited the oversold zone, of 7 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 20 cases where HEAT's Stochastic Oscillator exited the oversold zone 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 January 06, 2025. You may want to consider a long position or call options on HEAT as a result. In of 26 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 HEAT just turned positive on January 08, 2025. Looking at past instances where HEAT's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day moving average for HEAT crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 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 .

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