NJUL Innovator Nasdaq-100 Power Bfr ETF Jul Forecast, Technical & Fundamental Analysis

NJUL in upward trend: 10-day moving average broke above 50-day moving average on May 06, 2025

The 10-day moving average for NJUL crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 Moving Average Convergence Divergence (MACD) for NJUL just turned positive on June 03, 2025. Looking at past instances where NJUL's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

NJUL moved above its 50-day moving average on May 01, 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 NJUL advanced for three days, in of 395 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 413 cases where NJUL 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 RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NJUL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NJUL broke above its upper Bollinger Band on June 03, 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.