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MTBA Stock Tickeron detected bullish ETF Pattern: Triangle Symmetrical Top on April 23, 2025

A.I.dvisor
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Triangle Symmetrical Top
MTBA - Simplify MBS ETF
Tickeron
Emerged: 04/23/25
Breakout: $50.17
Price: $49.99
Target price: $51.08
A.I.dvisor detected a bullish Triangle Symmetrical Top pattern for MTBA stock. This pattern was detected on April 23, 2025 . The odds of reaching the target price are 6. The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. Consider buying a security or call option at the breakout price level. When trading, wait for the confirmation move, which is when the price rises above the breakout level.

Momentum Indicator for MTBA turns negative, indicating new downward trend

MTBA saw its Momentum Indicator move below the 0 level on May 20, 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 28 similar instances where the indicator turned negative. In of the 28 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 MTBA turned negative on May 08, 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 14 similar instances when the indicator turned negative. In of the 14 cases the stock turned lower in the days that followed. This puts the odds of success at .

MTBA moved below its 50-day moving average on May 20, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for MTBA crossed bearishly below the 50-day moving average on May 15, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 4 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 MTBA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 18 cases where MTBA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MTBA advanced for three days, in of 110 cases, the price rose further within the following month. The odds of a continued upward trend are .

MTBA 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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