IMCG Stock Tickeron detected bearish ETF Pattern: Wedge Falling IMCG on January 02, 2025, netting in a 5.71% gain over 2 months

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IMCG - iShares Morningstar Mid-Cap Growth ETF

Ticker: IMCG

Company: iShares Morningstar Mid-Cap Growth ETF

Gain from shorting: +5.71%

Confirmed: 01/02/25

Succeeded: 03/12/25

Total length: 71 days

IMCG in -3.40% downward trend, falling for three consecutive days on March 11, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IMCG declined for three days, in of 270 cases, the price declined further within 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 February 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on IMCG as a result. In of 71 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

IMCG moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for IMCG crossed bearishly below the 50-day moving average on February 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .

The Aroon Indicator for IMCG entered a downward trend on March 14, 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.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where IMCG's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

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