The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
MEAR broke above its upper Bollinger Band on November 08, 2023. 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MEAR advanced for three days, in of 225 cases, the price rose further within the following month. The odds of a continued upward trend are .
Category MuniNationalShort
A.I.dvisor tells us that MEAR and SMMU have been poorly correlated (+24% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MEAR and SMMU's prices will move in lockstep.
Ticker / NAME | Correlation To MEAR | 1D Price Change % | ||
---|---|---|---|---|
MEAR | 100% | N/A | ||
SMMU - MEAR | 24% Poorly correlated | +0.30% | ||
SHM - MEAR | 23% Poorly correlated | -0.13% | ||
SUB - MEAR | 23% Poorly correlated | +0.07% | ||
DFNM - MEAR | 23% Poorly correlated | +0.18% | ||
FSMB - MEAR | 22% Poorly correlated | +0.10% | ||
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