OCTZ Stock TrueShares Structured Outcome OctoberETF (OCTZ, $39.25) Moving Average Convergence Divergence (MACD) Histogram turned positive on October 10, 2024

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OCTZ - TrueShares Structured Outcome OctoberETF

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Odds of UP Trend

Price: $39.25

Daily change: -$0.06 (-0.15%)

Daily volume: 38

Net Assets: $14.9M

OCTZ's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for OCTZ turned positive on October 10, 2024. Looking at past instances where OCTZ's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 08, 2024. You may want to consider a long position or call options on OCTZ as a result. In of 60 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

OCTZ moved above its 50-day moving average on September 11, 2024 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 OCTZ advanced for three days, in of 288 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 356 cases where OCTZ 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 Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

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

OCTZ broke above its upper Bollinger Band on October 11, 2024. 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.

Fundamental Analysis (Ratings)

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 1.00% within the next month with a likelihood of 88%.