MOO Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks MOO on November 05, 2024, netting in a 3.81% gain over 1 month

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MOO - VanEck Agribusiness ETF

Ticker: MOO

Company: VanEck Agribusiness ETF

Gain from shortening: +3.81%

Confirmed: 11/05/24

Succeeded: 12/16/24

Total length: 41 days

MOO sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for MOO moved below the 200-day moving average on December 09, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MOO as a result. In of 79 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 MOO turned negative on December 13, 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 43 similar instances when the indicator turned negative. In of the 43 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 MOO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MOO entered a downward trend on November 22, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for MOO'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 3 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 MOO advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .

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