INCO Stock Columbia India Consumer ETF (INCO, $66.78) price may climb as it broke lower Bollinger Band on Nov 12, 2024

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INCO - Columbia India Consumer ETF

Bollinger signal

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Odds of UP Trend

Price: $66.78

Daily change: -$1.07 (-1.58%)

Daily volume: 65.5K

Net Assets: $446.4M

INCO in +0.73% Uptrend, growing for three consecutive days on November 06, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where INCO advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 21 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 Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 21 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.

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

Bearish Trend Analysis

INCO moved below its 50-day moving average on October 15, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for INCO crossed bearishly below the 50-day moving average on October 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where INCO 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 INCO entered a downward trend on November 15, 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.