IHDG Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Bottom IHDG on October 22, 2024, netting in a 3.44% gain over 1 month

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IHDG - WisdomTree Intl Hdgd Qual Div Gr ETF

Ticker: IHDG

Company: WisdomTree Intl Hdgd Qual Div Gr ETF

Gain from shortening: +3.44%

Confirmed: 10/22/24

Succeeded: 11/12/24

Total length: 33 days

IHDG in downward trend: 10-day moving average crossed below 50-day moving average on October 28, 2024

The 10-day moving average for IHDG crossed bearishly below the 50-day moving average on October 28, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 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 .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 22, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IHDG as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

IHDG moved below its 50-day moving average on October 29, 2024 date and that indicates a change from an upward trend to a downward trend.

The 50-day moving average for IHDG moved below the 200-day moving average on November 19, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IHDG 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 IHDG entered a downward trend on November 22, 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

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 46 cases where IHDG'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 Moving Average Convergence Divergence (MACD) for IHDG just turned positive on November 22, 2024. Looking at past instances where IHDG's MACD turned positive, the stock continued to rise in of 47 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 IHDG advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .

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