NTSI Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse on September 12, 2023

GET DAILY SIGNALS

Get AI intraday signals

NTSI - WisdomTree International Efficnt Cr ETF

Emerged: 09/12/23

Confirmed: 09/21/23

Breakout: $33.07

Price: $32.63

Target price: $32.14

NTSI in -2.64% downward trend, falling for three consecutive days on November 13, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NTSI declined for three days, in of 192 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

NTSI moved below its 50-day moving average on October 15, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NTSI crossed bearishly below the 50-day moving average on October 16, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 10 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 .

The Aroon Indicator for NTSI entered a downward trend on November 15, 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 NTSI'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 NTSI advanced for three days, in of 207 cases, the price rose further within the following month. The odds of a continued upward trend are .

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