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MORT Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top MORT on March 10, 2025, netting in a 3.36% gain over 2 weeks

A.I.dvisor
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+3.36% Gain from a Successful pattern Head-and-Shoulders Top
MORT - VanEck Mortgage REIT Income ETF
Tickeron
Ticker: MORT
Company: VanEck Mortgage REIT Income ETF
Gain from shorting: +3.36%
Confirmed: 03/10/25
Succeeded: 03/27/25
Total length: 20 days
On March 07, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for VanEck Mortgage REIT Income ETF (MORT, $11.62). 3 days later, on March 10, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 27, 2025, the stock hit the target price of $11.06 – resulting in a gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for MORT turns negative, indicating new downward trend

MORT saw its Momentum Indicator move below the 0 level on March 26, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned negative. In of the 94 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for MORT turned negative on March 03, 2025. 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .

MORT moved below its 50-day moving average on March 26, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for MORT crossed bearishly below the 50-day moving average on April 01, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following 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 MORT 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 MORT entered a downward trend on April 03, 2025. 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 MORT'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 is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MORT advanced for three days, in of 308 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

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MORT
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