INFL Stock Horizon Kinetics Inflation Bnfcrs ETF (INFL, $37.11) entered Uptrend as Momentum indicator ascends above 0 level on Sep 17, 2024

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INFL - Horizon Kinetics Inflation Bnfcrs ETF

Momentum signal

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Odds of UP Trend

Price: $37.11

Daily change: +$0.27 (+0.73%)

Daily volume: 81.9K

Net Assets: $822.3M

INFL's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for INFL turned positive on September 17, 2024. Looking at past instances where INFL's MACD turned positive, the stock continued to rise in of 32 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 17, 2024. You may want to consider a long position or call options on INFL as a result. In of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 INFL advanced for three days, in of 279 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 215 cases where INFL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where INFL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

INFL broke above its upper Bollinger Band on October 11, 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.