JUNW Stock Tickeron detected bearish ETF Pattern: Triple Tops on September 13, 2024

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JUNW - AllianzIM U.S. Large Cp Buffer20 Jun ETF

Emerged: 09/13/24

Breakout: $28.92

Price: $29.15

Target price: $28.63

Momentum Indicator for JUNW turns negative, indicating new downward trend

JUNW saw its Momentum Indicator move below the 0 level on December 26, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 12 similar instances where the indicator turned negative. In of the 12 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 17 cases where JUNW's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for JUNW turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 12 similar instances when the indicator turned negative. In of the 12 cases the stock turned lower in the days that followed. This puts the odds of success at .

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

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where JUNW's RSI Indicator exited the oversold zone, of 5 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

JUNW moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JUNW advanced for three days, in of 146 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 180 cases where JUNW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .