ICOP Stock Tickeron detected bullish ETF Pattern: Triangle Ascending ICOP on January 14, 2025, netting in a 0.99% gain over 2 days

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ICOP - iShares Copper and Metals Mining ETF

Ticker: ICOP

Company: iShares Copper and Metals Mining ETF

Gain: +0.99%

Confirmed: 01/14/25

Succeeded: 01/16/25

Total length: 2 days

ICOP in upward trend: price may ascend as a result of having broken its lower Bollinger Band on January 28, 2025

ICOP 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 11 cases where ICOP'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 Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Moving Average Convergence Divergence (MACD) for ICOP just turned positive on January 06, 2025. Looking at past instances where ICOP's MACD turned positive, the stock continued to rise in of 13 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ICOP advanced for three days, in of 93 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on January 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ICOP as a result. In of 26 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 ICOP 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 ICOP entered a downward trend on January 13, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.