ITA Stock iShares US Aerospace & Defense ETF (ITA, $150.09) Stochastic Oscillator left the overbought zone on November 15, 2024

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ITA - iShares US Aerospace & Defense ETF

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Odds of DOWN Trend

Price: $150.09

Daily change: -$1.08 (-0.71%)

Daily volume: 537.7K

Net Assets: $6.4B

ITA saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for ITA moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 66 similar instances where the indicator exited the overbought zone. In of the 66 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ITA moved out of overbought territory on November 12, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 36 similar instances where the indicator moved out of overbought territory. In of the 36 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

ITA broke above its upper Bollinger Band on November 08, 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.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on ITA as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ITA just turned positive on November 08, 2024. Looking at past instances where ITA'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 .

ITA moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ITA crossed bullishly above the 50-day moving average on November 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 ITA advanced for three days, in of 330 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 237 cases where ITA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .