KPOP Stock JAKOTA K-Pop and Korean EntertainmentETF (KPOP, $13.47) Aroon Indicator entered a Downtrend on November 04, 2024.

GET DAILY SIGNALS

Get AI intraday signals

KPOP - JAKOTA K-Pop and Korean EntertainmentETF

Aroon signal

View

Odds of DOWN Trend

Price: $13.47

Daily change: +$0.62 (+4.86%)

Daily volume: 123

Net Assets: $2.2M

KPOP sees MACD Histogram just turned negative

KPOP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 06, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 18 instances where the indicator turned negative. In of the 18 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for KPOP moved out of overbought territory on December 03, 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 11 similar instances where the indicator moved out of overbought territory. In of the 11 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 31 cases where KPOP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KPOP as a result. In of 38 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 KPOP 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

KPOP moved above its 50-day moving average on December 10, 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 KPOP advanced for three days, in of 123 cases, the price rose further within the following month. The odds of a continued upward trend are .

KPOP 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 97 cases where KPOP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .