HIPS Stock GraniteShares HIPS US High Income ETF (HIPS, $12.88) entered Uptrend as Momentum indicator ascends above 0 level on Nov 06, 2024

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HIPS - GraniteShares HIPS US High Income ETF

Momentum signal

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Odds of UP Trend

Price: $12.88

Daily change: +$0.18 (+1.43%)

Daily volume: 38.9K

Net Assets: $91M

HIPS in upward trend: 10-day moving average broke above 50-day moving average on November 11, 2024

The 10-day moving average for HIPS crossed bullishly above the 50-day moving average on November 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 November 06, 2024. You may want to consider a long position or call options on HIPS as a result. In of 78 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 HIPS just turned positive on November 06, 2024. Looking at past instances where HIPS's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

HIPS moved above its 50-day moving average on November 06, 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 HIPS advanced for three days, in of 366 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for HIPS moved out of overbought territory on November 14, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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

HIPS broke above its upper Bollinger Band on November 07, 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 HIPS entered a downward trend on October 24, 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.