HEFA Stock iShares Currency Hedged MSCI EAFE ETF (HEFA, $34.8) entered Downtrend as Momentum indicator drops below 0 level on Nov 15, 2024

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HEFA - iShares Currency Hedged MSCI EAFE ETF

Momentum signal

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Odds of DOWN Trend

Price: $34.8

Daily change: -$0.18 (-0.51%)

Daily volume: 901.4K

Net Assets: $5.4B

Momentum Indicator for HEFA turns negative, indicating new downward trend

HEFA saw its Momentum Indicator move below the 0 level on November 15, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned negative. In of the 91 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where HEFA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

HEFA moved below its 50-day moving average on November 12, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for HEFA crossed bearishly below the 50-day moving average on November 12, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 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 HEFA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for HEFA entered a downward trend on November 20, 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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HEFA advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .

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