HSMV Stock First Trust Horizon Managed Vol S/M ETF (HSMV, $37.98) RSI Indicator left the overbought zone on November 13, 2024

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HSMV - First Trust Horizon Managed Vol S/M ETF

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Odds of DOWN Trend

Price: $37.98

Daily change: -$0.19 (-0.49%)

Daily volume: 1.4K

Net Assets: $22.9M

HSMV's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Indicator for HSMV moved out of overbought territory on November 13, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 instances where the indicator moved out of the overbought zone. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where HSMV's Stochastic Oscillator exited the overbought zone, the price fell further within 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 HSMV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HSMV broke above its upper Bollinger Band on November 06, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 05, 2024. You may want to consider a long position or call options on HSMV as a result. In of 79 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 HSMV just turned positive on November 06, 2024. Looking at past instances where HSMV's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

HSMV moved above its 50-day moving average on November 05, 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 HSMV advanced for three days, in of 295 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 283 cases where HSMV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .