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KRUZ Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse KRUZ on August 02, 2024, netting in a 5.56% gain over 1 week

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+5.56% Gain from a Successful pattern Cup-and-Handle Inverse
KRUZ - Unusual Whales Subversive Rep Trd ETF
Tickeron
Ticker: KRUZ
Company: Unusual Whales Subversive Rep Trd ETF
Gain from shortening: +5.56%
Confirmed: 08/02/24
Succeeded: 08/05/24
Total length: 10 days
On July 26, 2024, A.I.dvisor detected a Cup-and-Handle Inverse Pattern (Bearish) for Unusual Whales Subversive Rep Trd ETF (KRUZ, $30.39). 7 days later, on August 02, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On August 05, 2024, the stock hit the target price of $28.89 – resulting in a gain for traders who shorted the stock on the pattern detection date.

KRUZ in downward trend: price dove below 50-day moving average on December 17, 2024

KRUZ moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend. In of 14 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on KRUZ as a result. In of 26 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for KRUZ turned negative on December 05, 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 19 similar instances when the indicator turned negative. In of the 19 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 KRUZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

KRUZ broke above its upper Bollinger Band on November 25, 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 RSI Indicator entered the oversold zone -- be on the watch for KRUZ's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KRUZ advanced for three days, in of 128 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 117 cases where KRUZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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KRUZ
Daily Signalchanged days ago
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