MHN in upward trend: 10-day moving average crossed above 50-day moving average on February 12, 2025
The 10-day moving average for MHN crossed bullishly above the 50-day moving average on February 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 21, 2025. You may want to consider a long position or call options on MHN as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
MHN moved above its 50-day moving average on February 14, 2025 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 MHN advanced for three days, in of 299 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 284 cases where MHN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for MHN moved below the 200-day moving average on February 11, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
MHN broke above its upper Bollinger Band on February 04, 2025. 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.
General Information
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MHN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MHN has been closely correlated with BNY. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if MHN jumps, then BNY could also see price increases.